conflicts of interest; (b) not be an employee, staff, advisor who earns salary, or controlling person of the securities company, parent company, subsidiary company, affiliate company, or person who may have

บริษทั ผูใ้ห้ค าแนะน า และบุคคล ผูมี้อ านาจในการจดัการของบริษทั ซ่ึงอยา่งนอ้ยตอ้งประกอบดว้ย  หลกัปฏิบติัในการซ้ือขายหลกัทรัพยข์องผูใ้หค้ าแนะน า และบุคคล ผูมี้อ านาจในการจดัการของบริษทั (staff dealing

25.77 million, going up year-on-year by Baht 11.16 million or 76.46 per cent increase, mainly attributable to increase in expenses on staff and top executives in the Subsidiary company of Baht 4.20

because an increasing of employee remuneration as a result of new staff hire for the distress debt expansion and consolidate cost of insurance service from new subsidiary. The Company’s gross profit for the

10.83% as compared to 1H18. Such increase was due to an increase in staff costs, reclassification of fixed costs at the new factory which incurred as a result of lower-than-normal production capacity and

from the cost of sales for 15 million baht, which is the selling expenses of LPG and oil business and administrative expenses of 124 million baht, mainly due to staff expenses utilities and audit fees

of new staff hire for the distress debt expansion and commission paid. However, the percentage of cost of services to revenues was declined significantly. This was because the enhancement of efficiency

sales volumes. Administrative expense increased mainly because of higher staff costs due to a higher headcount and annual salary increases. In addition, after KCE America became a subsidiary in 2018

10.67 million or 14.79% as compared to 1H17. Such decrease was due to a decrease in staff costs, a. reclassification of fixed costs at the new factory which incurred as a result of lower-than-normal

as follows: Q-O-Q Change Increase/(Decrease) Q2/2017 Q2/2018 Selling expenses 3.5 5.4 54.3% Mainly caused from the staff costs increase. Administrative 10.3 10.7 3.9% expenses Total selling and