was effective from 1 April 2018 onwards. The selling and administration expenses consists of employee benefits, rental, depreciation and marketing expenses were THB 2,925 million decreased by THB 163

% 1.43 2.6% SG&A 23.15 17.6% 20.92 15.8% (2.23) (9.6%) EBIT 33.30 25.3% 38.21 28.8% 4.92 14.8% Share of Loss in Associates - 0.40 0.3% 0.40 Interest Expenses 0.14 0.1% 0.14 0.1% (0.01) (4.9%) EBT 33.16

364.68 24.98% Gross Profit 60.30 49.25 11.05 22.43% 169.48 176.27 (6.79) (3.85%) Other Income 16.06 12.11 3.95 32.64% 30.93 20.38 10.55 51.77% Selling & Administrative Expenses 39.27 38.70 0.57 1.47% 78.98

economies of scale when the revenue from sales of condominium units decreased. Selling and Administrative Expenses (SG&A) SG&A in 1Q18was THB 206.8mn, increased THB 18.5mn or 9.8% YoY from THB 188.2mn in 1Q17

year were high selling price units. Gross profit from F&B business was THB 4.4mn, represented GPM of 40.6%. Selling and Administrative Expenses (SG&A) SG&A in 2Q18 was THB 191.7mn, increased 7.8% YoY or

) (760.91) Expenses on Sale and Service (142.22) (149.71) Financial Costs (1.83) (4.43) Income (expenses) tax 5.46 3.23 Profit (loss) for period (26.87) (39.47) 5. Total Consideration and Basis used to

Meeting decided to approve the Transaction at the price 146,000,000 baht. The reasons of the Meeting are as follow; 1) If the Company successes this Transaction and after deducting all expenses, will have

) (34.14%) 2,093.56 1,868.47 225.10 12.05% Gross Profit 37.17 74.56 (37.39) (50.14%) 206.65 250.82 (44.17) (17.61%) Other Income 7.81 17.05 (9.25) (54.22%) 38.74 37.43 1.31 3.49% S & A Expenses 32.49 41.42

2.53 2.91 (0.38) 13.06% Distribution costs (0.97) (1.38) (0.41) (29.71%) 3 Administrative expenses (39.62) (40.36) (0.74) (1.83%) Profit before expenses 12.93 40.35 (27.43) (67.96%) Finance costs (5.63

, the THB depreciation and a decline in the price of copper used in the production process helped reduce the cost of goods sold (Table 2). Administrative and Selling Expenses Selling, general, and