% from the same period last year. This was because the loan provisions expense in subsidiary and employee remuneration from business expansion. Net Profit The Company’s net profit from consolidated

million, property tax Baht 0.59 million, and employee expense Baht 2.38 million. Income tax (expense) revenue For the 3 months period (quarter 3/2018), the Company has deferred tax expense at Baht 0.94

payables decreased due to increased cash flow from operations; long-term debt increased to support the investment of new machines, and provisions for employee benefits increased in accordance with an

Company’s cost caused by ineffectively use of trailer trucks, which management has already seen that sales process may cause cost burden and damage to the Company in the future. 6 However, long-term employee

) 136.06% (2.91%) (1.53%) Profit (loss) for the period (155.70 ) (88.43 ) (67.27 ) 76.07% (71.26%) (50.34%) Other Comprehensive income 0.00% 0.00% Actuarial gain (Loss) Employee benefit plans (0.96 ) 0.77

higher than the first quarter of 2019 19.4%. This was because of an increase in employee expenses and expenses related to the insurance business. The Company’s gross profit for the first quarter of 2020

. 1.4.2 Administrative expenses Unit : Million Baht Administrative expenses March 31, 2020 March 31, 2019 Increase (Decrease) Amount % Employee expense 7.26 5.99 1.27 21.21 Depreciation and amortization

employee benefits, doubtful debt and personnel expenses etc. Finance cost The financial cost for the first quarter 2020 amounted to Baht 23 million, a decrease of Baht 5 million or a decrease of 18% from the

) -0.69% Lease liabilities 38.31 22.58 15.73 69.66% Non-current provisions for employee benefits 13.54 16.41 (2.87) -17.49% Other non-current liabilities 19.25 20.41 (1.16) -5.68% Total non-current

compared to the same period of 2019. This was mainly because the Company focused on costs control and there was an increase in employee benefit provision of Baht 46 million in the second quarter of 2019