130 million Baht (99%) effect from high of work volume. Selling and administration expenses amount 30 million Baht increased by 2 million Baht from same period last year. Profit / (Loss) For Q1/2019 the

by 130 million Baht (99%) effect from high of work volume. Selling and administration expenses amount 30 million Baht increased by 2 million Baht from same period last year. Profit / (Loss) For Q1/2019

result of the fall of Caustic Soda and Epichlorohydrin (ECH) selling price from BIS issue in India and weak Epoxy demand, respectively. Except greater ECH sales volume from strong demand of ECH key

2019 THB mm % THB mm % THB mm % Sale Revenue Revenue from selling product under Company’s trademark 1) Facial skincare 308.65 79.82 163.26 75.08 (145.39) (47.11) 2) Body care 1.39 0.36 8.04 3.70 6.65

% Million Baht % Selling expenses 22 1% 25 1% (3) (12%) Administrative expenses 191 11% 202 10% (11) (5%) Finance cost 28 2% 32 2% (4) (13%) Income tax expenses 29 2% 30 2% (1) (3%) Selling expenses Selling

29.50% decrease and the cost of selling and service went down 10.34%. The cost of administrative when compared to income from medical treatments went up 1.99 % due to the expenses of CMR increased 1.88

markdown of about 1.8% of sales. Cost of Sales and Gross Profit The gross profit margin in 1Q19 of 21.1% declined Q-o-Q and Y-o-Y due to the effect of an annual selling price adjustment, a change in foreign

1st quarter 2018. The increase in the cost of sales ratio is due to the increase from the annual increase the employee’s benefit of labor cost. 3. The Group’s selling and administrative expenses for the

1.58 57.04% 4 Profit before expenses 69.58 61.27 8.31 13.56% Selling expenses (1.52) (4.98) (3.46) (69.48%) 5 Administrative expenses (64.20) (38.77) 25.43 65.59% 6 Finance costs (2.78) (3.07) (0.29

segment cost of sales http://maco.listedcompany.com/misc/mdna/20190514-maco-mdna-1q2019-en.pdf VGI GLOBAL MEDIA PLC Gross profit Gross profit margin selling, general and administrative expenses (“SG&A