expense was 29.22 million Bath, decrease by 15.35 million Baht or down by 34.44%, this was a result of a decrease in revenue from property transfer which subsequently incurred in down selling expenses. The

expenses of 270.99 million Baht decrease by 86.51 million Baht or down by 24.20% from the previous year. To this, the selling expense was 202.06 million Bath, decrease by 66.67 million Baht or down by 24.81

, the selling expense was 35.90 million Bath, decrease by 33.30 million Baht or down by 48.12%, this was a result of a decrease in revenue from property transfer which subsequently incurred in down

was in Baht 26.8 million) 4) Financial cost decreased by Baht 0.5 million, mainly due to decrease of interest expense. 5) Company record loss sharing in joint-venture by equity method of Baht 1.2

increase in sales revenue from the same-store sales growth and the increase in number of branches, as well as the decrease in overall expense from increased production volumes (economies of scale). • Gross

million or 59% decrease compared to the same period of 2019. This expense varied with a decrease in operating profit of the Company (excluding share of profit from investments in associates). V Net Profit

compared to the previous year and (4) a decrease in depreciation expense from branch closure. As a percent of total revenue, selling expenses decreased from 33.5% in the 1st quarter of 2020 to 28.9% in the

a result of the decrease in advertising and public relations expenses of Baht 18 million, the decrease in promotion expense and other selling expense of Baht 10 million. In addition, the decrease in

expense, utility cost, maintenance cost, and expense related to new store. However, SG&A as a percentage of sales has decrease from 19.32% in previous year to 19.22%. This decrease was due to the decrease

and resource, investing in solar rooftop to decrease electricity expense by starting the first pilot project in Phra Nakorn Sri Ayutthaya outlet with a plan to roll-out to other outlets in the future. 3