increased in commission and employee expenses which those were in line with the increase in sales. -3- Administrative Expenses of Q1–2019 decreased from Q4–2018, mainly because the additional allowance for
and administrative expenses - Selling and service expenses In Quarter 1 of 2019, selling expenses amounted to THB 0.05 million (Quarter 1 of 2018: THB 0.05 million). Selling expense includes commission
expense to customer for Q1’19 as cost of service according to IFRS15. Moreover, there was commission expense for Testing and Inspection service amounting of 0.51 Million Baht, or 173.62% compared to the
previous year (Quarter 2 of 2018: THB 0.31 million). Selling expense includes commission expenses for land procurement and coordination in relation to services provided in solar power projects in Thailand in
reclassify transportation expense to customer for Q2’19 as cost of service according to IFRS15. Moreover, there was commission expense for Testing and Inspection service amounting of 0.35 Million Baht, or 123
stipulated in the Notification of the Stock Exchange of Thailand and the Notification of the Capital Market Supervisory Commission. The Board also approved and authorized the Chairman or a designee by the
Interest-bearing Debt net of cash and cash equivalents 3Including rental and service income,marketing commission income, project management fee, interest, and others Management Discussion & Analysis
and Administrative Expenses Selling Expenses in Q2–2018 was decreased from Q2–2017, representing decrease of 20.5 MB or 35%, mainly due to the commission and selling expenses and expenses on sales staff
purchase agreements 2 Calculated from interest-bearing debt net of cash and cash equivalents 3 Including rental and service income, marketing commission income, project management fee, interest, and others
agendas. 1. Approved the Company to receive financial assistance from connected persons that transaction is a connected transaction according to the Notification of the Securities and Exchange Commission