%) (937.5) (72.0 %) (21.6 %) Gross Margin 277.0 27.4 % 364.5 28.0 % (24.0 %) Distribution Costs (99.7) (9.9 %) (197.2) (15.1 %) (49.5 %) Administrative Expenses (69.5) (6.9 %) (63.2) (4.9 %) 10.0 % Profit

Microsoft Word - Financial conclusion Q4 2017 Clarification on Percentage of Change More Than 20% The consolidated financial statements of Nation International Edutainment Public Company Limited and

Microsoft Word - Clarification of Change 20%_Q2 '17 Clarification on Percentage of Change More Than 20% The consolidated financial statements of Nation International Edutainment Public Company

Microsoft Word - Financial conclusion Q3 2017 Clarification on Percentage of Change More Than 20% The consolidated financial statements of Nation International Edutainment Public Company Limited and

Microsoft Word - Clarification of Change 20%_Q1'19 Clarification on Percentage of Change More Than 20% The consolidated financial statements of Nation International Edutainment Public Company Limited

experience, financial status or income, (2) CIS operator must be subject to supervision of ASEAN capital market regulator which is a member of International Organization of Securities Commissions (IOSCO) and

regulator which is a member of International Organization of Securities Commissions (IOSCO) and Signatory A of IOSCO MMOU concerning Consultation and Cooperation and the Exchange of Information, (3) CIS

international market especially from USA and Japan that require premium products. 2 Aeroklas’s revenue from sale expands from domestic and international market due to marketing of core products and new product

follow: Note: The Company has adjusted the sales’ expenses to deduct and show the net amount in sales revenue resulting in a decrease in sales revenue and gross profit. As the for distribution cost, the

บริษัท เอน็ซีแอล อนิเตอร์เนชั่นแนล โลจสิตกิส์ จ ำกัด (มหำชน) NCL INTERNATIONAL LOGISTICS PUBLIC COMPANY LIMITED No. NCL-M 17/61 August 10, 2018 Subject: The clarification and analysis of the