total revenues. Considering the Company’s separate financial statement, the operating and administrative expenses as a percentage of revenues represented 37% in the third quarter of 2019. - Bad debt and

. Considering the Company’s separate financial statement, the operating and administrative expenses as a percentage of revenues was 36 in the first quarter of 2020. - Expected Credit Loss The consolidated

maintained effective operating cost control with cost to income ratio at 37% of total revenues. Considering the Company’s separate financial statement, the operating and administrative expenses as a percentage

from an increase in administrative expenses and oversea business expansion. Considering the Company’s separate financial statement, the operating and administrative expenses as a percentage of revenues

decreasing in ordinary shares of non- controlling interests of Baht 0.81 million. 2. The separate financial statements 2.1 Report and analysis of Business Operations Revenue Revenue from operations Revenue

total revenues. Considering the Company’s separate financial statement, the operating and administrative expenses as a percentage of revenues represented 39% in the second quarter and the first half of

as last year. Considering the Company’s separate financial statement, the operating and administrative expenses as a percentage of revenues represented 39% in the first quarter of 2019. - Bad debt and

. In terms of proportion to total revenues, operating and administrative expenses represented 42% of total revenues. Considering the Company’s separate financial statement, the operating and

2019, the Company received dividend from its subsidiary company which recognized in other revenue of the separate financial statements totaling of Baht 4.39 Million. 3. Adminstrative expenses On 2019

aforementioned electricity fee since December 2011. According to Separate Financial Statements of the Company as at 30 September 2017, the Company has total liabilities of THB 17,622 million, which can be