mentioned units of the condominium were sold at a price significantly lower than the market price at that time. As a result, these four buyers obtained benefit from selling their condominium units to other

price significantly lower than the market price at that time. As a result, these four buyers obtained benefit from selling their condominium units to other persons at a price significantly higher than the

131.72 -7.21 34.92 12.20 186.23 Total gross profit 1,223.32 1,101.41 11.07 1,035.80 1,059.12 -2.20 Selling & Marketing expenses 471.73 309.37 52.48 267.24 215.39 24.07 Administrative expenses 383.26 335.44

follow; Financial Overview Items Q1.2018 Q4.2017 + / (-) % Q1.2017 + / (-) % Sales 1,146.9 970.9 18.1 986.9 16.2 Cost of Goods Sold 894.7 778.8 14.9 799.5 11.9 Selling and Administration Expenses 49.8 43.5

mainly due to the increase of raw material cost aligning with the increase in revenue from sales of service and increased sales of raw material to franchisees. Selling Expenses Selling expenses increased

155.02 101.48 65.46% Selling expenses 30.19 15.79 14.39 91.13% Administrative expenses 75.07 67.23 7.84 11.67% Finance cost 3.73 3.51 0.23 6.42% Profit before income tax expenses 307.62 147.01 160.61

15.07% due mainly to an decreasing of interest income. Selling expenses The Company booked selling expenses amounting to Baht 3.85 million and Baht 4.38 million for the year ended December 31, 2017 and

business recorded its GPM (loss) of Baht 19.9 million, increased of Baht 15.3 million from Year 2017 due to decreasing of pig finisher’s price in half year and increasing of feed cost. Selling and

(18.0) 93.0 38.1 144.3 Allowance for the decline in value of inventory 0.9 4.4 (80.0) 3.9 9.6 (59.6) Selling expenses 73.7 79.2 (7.0) 216.5 246.3 (12.1) Administrative expenses 38.0 36.9 3.1 142.5 111.6

29.41 million decreasing from last year 41.48%. 3) Selling expenses decreasing from last year amounting of Baht 3.66 million or 17.90% due to local transportation charge and local selling promotion