163.17 42.9% 202.75 46.0% 39.58 24.3% SG&A 58.51 15.4% 83.78 19.0% 25.27 43.2% EBIT 104.66 27.5% 118.97 27.0% 14.31 13.7% Share of Gain in Associates - - 0.51 0.1% 0.51 - Interest Expenses 0.48 0.1% 0.35

expenses increased by Baht 129 million largely as a result of higher payroll costs, provision for litigation cases and lower reversal of allowance for doubtful debts. Share of profit from investment in

sales.  Administrative expenses decreased by Baht 159 million largely as a result of lower payroll costs, legal & professional fee and rental expenses. Share of profit from investment in associates

2,666.53 Gross profit 1,437.43 801.69 Gross profit margin 31.18% 23.11% 6. In the year of 2019, details of share of profit from investment in associates compared to the year of 2018 are as follows: Name of

Baht 2.74 million because its subsidiary company has improve plant some time has been fixed cost with respect to the production costs to administration expenses. (5) Expense of income tax for the year

development operations.  Administrative expenses increased by Baht 8 million due mainly to loss on exchange rate. Share of loss from investment in associate increased by Baht 6 million and this relates to the

] [2Q17 VS. 2Q16] Sales Revenue 3,663.5 3,536.4 + 3.6 % 3,578.6 + 2.4 % Cost of Sales 2,528.2 2,452.5 2,308.6 Gross margin, (percentage) 30.99% 30.65% 35.49% Selling & Administration 484.6 443.5 454.4 Net

. 2Q17] [3Q17 VS. 3Q16] Sales Revenue 3,602.0 3,663.5 - 1.7 % 3,515.2 + 2.5 % Cost of Sales 2,519.0 2,528.2 2,251.0 Gross margin, (percentage) 30.07% 30.99% 35.96% Selling & Administration 485.1 484.6

allowance for doubtful debts. Share of profit from investments in associates amounted to Baht 7 million in the current period as compared to a loss of Baht 4 million in the prior period. The profit in the

and loss on exchange rate offset by a reduction in allowance for doubtful debts. Share of loss from investment in associates decreased by Baht 46 million mainly relates to the profit from Thai Wah PLC