of the first paragraph hereof, “Expansion of operation” means: (1) Enter into a new custodian agreement; (2) Renew the existing custodian agreement; (3) Other acts specified by Notification of the

products to be produced and the expansion in agricultural economics. 2. Cost of sales of goods and Expenses 2.1. Cost of sales of goods for the 2018 was increased by 62.03 million baht or 31.60% when

year. For the Bang Pa-in - Pak Kret Expressway (Sector C+), toll revenue increased by 5.3 percent due to the expansion of suburban area resulting to the traffic volume increased. Sector C+ average

of the revenue from the expansion of Baht Million 2017 2018 +/(-) +/(-) % 1. Content Business Revenue from sales of program rights 1,070.71 1,317.74 247.03 23.07% Cost of program rights 637.38 834.39

Expressway (SES), toll revenue was slightly increased from the previous year. For the Bang Pa- in - Pak Kret Expressway (Sector C+), toll revenue increased by 2 percent due to the expansion of suburban area

, mainly due to increase in salary, resulting from increase in the number of staff to serve the business expansion.  The finance costs during the first quarter of 2019 was THB 278.2 mm, which decreased by

or 3.08% compared to Q1/2018. The reasons were from increasing in tap water sales volume, net off with depreciation and amortization which increased by 5.89 million Baht from capacity expansion

airports, train stations and travel hub for Dean&DeLuca stores expansion globally. Selling and administrative expenses and impairment loss In Q1 2019, The Company had total expenses and impairment loss of

million baht due to expanding LCL work has also increased number of staff and the office has been relocated to support such expansion, resulting in cost of moving and amortization of original office

travel hub for Dean&DeLuca stores expansion globally. Selling and administrative expenses In 2Q 2019, The Company had total expenses of 857 million Baht (177% of total revenues), decreased by 25% as