more than Discussion and e e expenses t Expenses enues pany’s total crease from ercent. Whi rease from t Income fro baht increa 2017 was 1 the same services fro Revenues f or an incre from collec

YOY 9M/2020 9M/2019 YOY Service revenue 905.64 590.71 53.31% 2,588.84 1,609.44 60.85% Gross profit 164.54 98.70 66.71% 433.60 252.42 71.78% Other income 10.75 - 100.00% 17.57 9.84 78.56% Expenses of

-355.1 -5.0% Gross Profit 707.7 1,026.1 -318.4 -31.0% Gross Profit Margin (%) 9.5% 12.6% -3.1% SG&A expenses 459.9 440.4 19.5 4.4% Loss on exchange rate 0.0 35.4 -35.4 -100.0% EBIT before share of profit

(non-cash expenses) which inline to the increase in traffic volume and ridership together with the increase in repair and maintenance expense in accordance to the schedule. Financial cost amounted to

revenues were able to growth better than overall of the industry. 2. Selling and Administrative Expenses Selling and Administrative Expenses increase in accordance with sales. In Q3/2019, the company’s

fluctuation of the price of stocks listed on stock exchange of Thailand. 2. Underwriting income decreased by Baht 16.53 million due to the following factors : 1.1 Underwriting expenses increased by Baht 33.37

Expenses Selling and Administrative Expenses increase in accordance with sales. In Q1/2019, the company’s selling and administrative expenses were 133.21 million baht increased from 106.39 million baht

% increased. 2. Selling and Administrative Expenses Selling and Administrative Expenses decrease in accordance with sales. In Q2/2019, the company’s selling and administrative expenses were 115.65 million baht

industry. 2. Selling and Administrative Expenses Selling and Administrative Expenses increase in accordance with sales. In Q1/2018, the company’s selling and administrative expenses were Baht 116.11 Million

. 2. Selling and Administrative Expenses Selling and Administrative Expenses increase in accordance with sales. In Q2/2018, the company’s selling and administrative expenses were 124.45 million baht