(4.89) (59%) 4. Profit from sale un-used Land - - 132.39 - - 5. Selling expenses, administrative expenses and financial cost 63.97 55.22 57.03 8.74 16% 6. Income tax expenses 9.96 9.60 35.97 0.36 4% 7

increased by 165 million Baht (109%) from Q2/2018. Main course items are increasing of work volume. The changings are as follow: Cost of contract work amount 276 million Baht increased by 156 million Baht

(in China), the affiliated companies of the Hwa Fong Group. The criteria for determining cost-plus basis, compared to the market price. According contract Hwa Fong Rubber Company (China) The seller will

program to increase the number of audiences and gain more advertising revenue.  Cost and expenses for the six-month of 2019 was Baht 262.15 million increased by 5% compared to the same period of last year

% Advertising income 7.52 0.9% 1.85 0.2% 2.71 0.3% 46.5% -64.0% Total revenue from core business (3 items) 848.81 100.0% 798.65 100.0% 804.20 100.0% 0.7% -5.3% Cost of services (664.22) -78.3% (629.36) -78.7

and profit from short-term investment in open-ended fund. 3. Cost of service decreased 3,299,832 baht compared to the same period of the last year mainly from the decrease of personnel costs such as

Directors and Audit Committee’s opinion The Board of director and Audit committee considered and agreed that the rental rate is reasonable compare to changing the rental location which has the cost of

2.07 5.42 5.85 (3.35) -62% 4. Profit from sale un-used Land -0- -0- -0- - - 5. Selling expenses, administrative expenses and financial cost 70.25 60.50 51.27 9.75 16% 6. Income tax expenses 8.24 11.52

rate is reasonable compare to changing the rental location which has the cost of decorating, moving, including the continuity of business operations due to the main office is located at the same building

Revenue from sale of goods and rendering of services 43,995 46,306 44,226 1% -4% Cost of sale of goods and rendering of services (39,969) (42,711) (40,897) 2% -4% Gross Profit 4,026 3,594 3,328 -17% -7