securities. This is in line with the decrease of the SET Index as a result of the 2019 Coronavirus (COVID-19) outbreak. 3. Income tax expense in this quarter decrease from the same period of last year in the

million baht, respectively, due to the decrease in fair value of investment in equity securities which is in line with the decrease of the SET Index and the reduction of service fee income received from

and rendering of services decreased 35% in line with the decrease in revenue from sales of goods and rendering of services.  Distribution costs and administrative expenses decreased 30% due to in the

goods sold and rendering of services decreased 31% in line with the decrease in revenue from sales of goods and rendering of services.  Distribution costs and administrative expenses decreased 28% due to

services decreased 11% in line with the decrease in revenue from sales and services.  Distribution costs and administrative expenses decreased by 19% due as a result of recognizing the provision of Baht

compared to the same period in 2017. Such increase was in line with an increase in sales volume. Cost of sales in 2Q18 decreased by Baht 7.6 million or 4.41% when compared with that in 1Q18. Such decrease

Baht 21.94 million or 11.99% from the same period of the previous year. Such changes were in line with a decrease in sales volume. During 9M19, the Company’s cost of sales was at Baht 484.53 million

management of the State Railway of Thailand, etc. The total operating expenses in Q1– 2023 decreased by 25. 3% , which was a decrease in line with the decreased revenue compared to Q4–2022, in which those

decreased by Baht 9 million or 8% compared to the gross profit of Baht 107 million for Q1’ 2017. The decrease is in line with the lower revenue from Q1’ 2018 Q1’ 2017 Increase (decrease) Million Baht

51.41 % and 46.21 %, respectively and in line with the decrease of the service income as mentioned above. Administrative Expenses The administrative expenses was Baht 13.12 million whereas Baht 10.92