cost of sales which came to THB 385mn, an increase of THB 55mn or 16.7% YoY, primarily from higher sales, an increase in the Transit media concession fee from 5% to 10% (revenue sharing scheme, which

June 2019 G Steel Public Company Limited Page 2/12 service provider in late year 2018 however the Company invests in fixed asset in Q3/2019 to increase raw material handling’s efficiency. In addition

, core SG&A declined, benefitting from lower selling and marketing expenses, administrative expenses reversal (lower pension spending), lower consulting fee as well as last year’s one-time expenses related

(0.4) Efficiency Ratio Return on Assets (%) 1.5 (0.2) Return on Fixed Assets (%) 15.8 8.0 Asset Turnover https://market.sec.or.th/public/idisc/Download?FILEID=dat/news/201811/18102296.pdf 18113027.pdf

will be developed to support the whole process of trading products in the capital market from the issuance, offering, trade to clearing and settlement of securities as well as enhance the efficiency of

prevention and law enforcement efficiency; encouraging investors and shareholders to learn of their rights and duties as well as empowering them to protect their own interests; conducting a survey on levels

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

2018 and year 2019 were accounted for 6.5 percent and 7.4 percent of total expenses. The increasing administrative expenses mostly consist of professional fee, other human resources expenses such as

in gains on trading and foreign exchange transactions, gains on investments, and net fees and service income mainly attributed to a rise in fee income from bancassurance and mutual funds. The Bank’s

derived from maintenance reserve fund awaiting for reimbursement, ticket fee, breakage revenues. 12 ASIA’S BOUTIQUE AIRLINE Share of Profit from Investments in Associates The Company reported share of