profit of 1,355.57 million baht or 50.91%. This resulted from the company increased in sales of Sabina-brand product. For year 2017, the Company had Selling General and Administrative expenses of 1,066.75

result Million Baht 2018 2017 Sales 1,905.09 1,849.88 Cost of Sales 1,756.98 1,621.03 Gross Margin 148.11 228.85 Gain (loss) on exchange rates (26.43) 23.44 Other Incomes 30.28 27.42 Total Revenues

14,195.4 13,797.5 +2.9% 12,448.8 +10.8% [ Sales Revenue, USD $420.4 $394.0 +6.7% $364.9 +7.9% ] Cost of Sales 9,933.1 8,985.0 8,535.0 Gross margin, (%) 30.0% 34.9% 31.4% Selling&Administration 1,817.6

Sales and services 629.5 621.1 8.4 1.4% Sales of food & beverage 533.1 491.9 41.2 8.4% Total Sales 1,162.6 1,112.9 49.7 4.5% Gross Profit 228.0 191.5 36.5 19.1% Net Profit/(Loss) for the year (278.9

of raw materials and packaging, which partly offset the increased of excise tax. Food business Food cost of sales was maintained due to improve efficiency in restaurant operation. Selling Expenses

administrative expense as a percent of sales decreased slightly to 12.9% in 2Q18 compared to 13.2% in the same period in previous year. Selling expense as a percent of sales decreased slightly in line with higher

compared to the same period in 2018. Selling expenses in 2Q19 also decreased by Baht 0.26 million or 1.42% when compared with previous quarter (1Q19). Such decrease was in line with a decrease in sales

of last year. This is result from sale volume was increasing and the world steel price trend increasing. 2. Cost of goods sold and service of Baht 9,279.39 million or 95.72 % of sales and service

expenses of Baht 493.80 million, decreased from the last year Baht 43.19 million or 8.04% due to the company has adjusted the selling expenses to net sales. 4. Share of gain (loss) from investments in joint

profit decreased by Baht 124.69 million or 68.76% compared to last year. The main reasons are as follows. 1. The company had the sales revenue of Baht 362.50 million, decreased from last year by Baht 34.53