concentrates on branch expansion, products sourcing and development together with other channels expansion in order to response and attract customers together with the effort to manages and efficiency controls
business expansion. Compared with administrative expenses in 1Q17, an increase of Baht 3.60 million or 10.50% is observed, and this is mainly due to an increase in travel expenses, stock destruction fee, and
expansion since the last quarter of 2016. However, gross profit margin for Q3 2017 was slightly decreased from the same period of 2016, because service cost for engineer and depreciation has been increased. 4
inspection service in eastern region as the service expansion since the last quarter of 2016. However, gross profit margin for Q3 2017 was slightly decreased from the same period of 2016, because service cost
order to accommodate business expansion. 3Q17 administrative expenses nevertheless increased merely 7% which was half of the 9-month period. It can imply that most of the increase was in the first half of
THB 51.48 million, respectively. Selling expenses grew by THB 14.87 million or 22.41%, mainly from more staffs and rental in branch expansion. Compared to sales, the first quarter’s selling expenses
was stagnant, the food sales for Q2’2018 was Baht 1,607 million, increased by Baht 13 million or 0.8% from Q2’2017 mainly from continued store expansion. Cost of Sales Total cost of sales of the company
expansion. The company also incurred cost Management Discussion and Analysis, Q2/2018 Page3/4 from insurance business amount 22.2 million baht which consolidate from insurance business acquire recently. Gross
primarily due to the expansion of the Hinoya Curry restaurant and the opening of Taokaenoi Land shop in tourist attractions. Despite the growth of Chinese tourists at 1.7 percent from the same period of the
increased from the same quarter last year from the group's business expansion to mutual fund management and ICO portal business which have commenced full operation by two subsidiaries. Fee and service