the commencement date of commercial operation. (c) BCPI signed the Amended and Restated Credit and Guarantee Agreement to grant the loan of not exceeding USD 80 million to LAC, specifically for the

Grant of License from Oracle For the first 3 months of 2020, revenue from subscription fee from Oracle has increased slightly by 0.20 THB mn or 2. 42% from the first 3 months of 2019 as ICE could maintain

) Allowance for the decline in value of inventory 32.63 19.35 68.57 Selling expenses 357.68 385.33 (7.18) Administrative expenses 118.99 97.01 22.66 Finance costs 19.52 24.07 (18.90) Total expenses 1,990.21

Gross profit 163.53 244.53 (81.00) -33% Gross profit margin 9.78% 15.47% Other income 1.73 5.33 (3.60) -67% Selling expenses 3.68 3.36 0.32 10% Administrative expenses 116.87 111.43 5.44 5% Allowance for

period of 2018. Anyhow, these was 95.46% of the Revenue from Sales which higher than previous year of 94.45%. Due to reserving the allowance of Net Realizable Value was Baht 18.96 million. 3. Selling

the increase were mainly due to increased revenue from animation segment and reverse allowance for doubtful account from 2018 Analysis of operating result Revenue Business categories/Segments For the

increase losses 18.70% because the company set aside allowance for impairment of loan receivables from purchase of non-performing debts decreased from the previous year is significant. Please be informed

. 3. Allowance for doubtful accounts (69.68) million baht by compared with the 74.16 million bath was decrease 143.84 million baht or (194%) by received from account receivable which have debt and

administrative expenses by decrease and none recorded additional allowance for doubtful accounts. Please be informed accordingly. Yours sincerely (Mr. Sakkaphongs Boonmee) Vice Chairman of the Board and Chief

service of Baht 171.71 million, increased from last year by Baht 9.95 million or 6.15% because the company increase in allowance for reducing cost of inventories of Baht 4.47 million. 3. The company had the