efficient and reducing future collection costs. Since AEON systems develop the New Collection system successfully in phase 1, SIGMAXYZ Inc. will co-ordinate with AEON Systems to improve the previous
year. Selling expense increased in line with higher sales volumes. Administrative expense increased mainly because of higher staff costs due to a higher headcount and annual salary increases. In addition
. Labor costs have increased due to the minimum wage adjustment in the early of Quarter 2. In addition, there were significantly increased in product trial cost of new model in packaging for milk and yogurt
improvement. Other Transaction In Year 2018, the company recorded Baht 34.0 million from gain on changes in fair value less costs to sell biological asset, gain on sales deposits from land Baht 22.2 million and
improvement in shipping costs and adjustment of commission policy which was adjusted to pay at lower rate than last year. 8. Administrative expenses In 2018, administrative expenses increased by Baht 20. 0
million, or 147%, in last year;. The increases were due to more production orders from the customers, as well as more effective ways to manage expenses and costs. - In the year 2018, have loss profit Baht
27.7 Finance costs 4.3 5.3 (18.0) 13.8 15.0 (7.7) Total expenses 450.0 478.3 (5.9) 1,335.0 1,381.3 (3.3) Ocean Glass Public Company Limited Page 3/4 Management Discussion and Analysis 3rd Quarter 2019
investments in joint ventures (37.87) - - - (37.87) - Finance costs (101.22) (76.74) - - (101.22) (76.74) SHARE OF LOSS OF INVESTMENT IN JOINT VENTURES ON EQUITY METHOD (2.62) (11.51) - - (2.62) (11.51) GAIN
relocation costs in prior year. Net Profit The Group reported total net profit for this year at THB 33.0 million, increased by THB 12.4 million or 60.2% when compared to the prior year. It resulted from the
sales. Administrative expenses decreased by Baht 159 million largely as a result of lower payroll costs, legal & professional fee and rental expenses. Share of profit from investment in associates