the businesses in subsidiaries and associated the Company investing had improved operating results when compared to the same period last year. The business of mobile phone distribution business

competition in industrial market. Marketing margin was at the similar level of Q1/2017, while the Non-oil business recorded a higher revenue from expansion of the branches, but has been under developing and

93.39 Distribution costs 18.78 16.31 2.47 15.14 Administrative expenses 19.34 13.25 6.09 45.96 Tax expense 5.90 10.43 (4.53) (43.43) Profit for the period 24.26 41.84 (17.58) (42.02) Net Profit

) (20.56) Distribution costs 19.69 17.69 2.00 11.31 Administrative expenses 15.10 21.03 (5.93) (28.20) Tax expense 5.92 7.74 (1.82) (23.51) Profit for the period 24.15 30.57 (6.42) (21.00) Net Profit

) (77,940,959.01) Gross Profit 27,971,923.64 24,011,106.28 Other revenues from credit note 17,288,109.88 - Other revenues 3,079,124.78 3,398,163.50 Cost of distribution (699,610.32) (1,942,141.25) Administration

first quarter of 2018 continued to expand from the external sectors namely exports and tourism in line with the expansion of the global economy. Public spending also increased, recovering from a decline

2018 continued to expand from the external sectors namely exports and tourism in line with the expansion of the global economy. Public spending also increased, recovering from a decline during the end of

limiting consumptions. For the auto industry, expansion continued during the first 2 months of 2019 with total number of car sales at 160,385 units, growth of 12.9%. The passenger vehicle and commercial

from furniture as the core business decreased 7.59 from the previous year. That caused from the management policy of some distribution channels in domestic to enhance the efficiency of expenses. Such

-27.5% -24.5% 2,120.4 1,782.4 -15.9% Other income 31.8 15.9 22.9 -28.1% +44.1% 51.7 38.7 -25.1% Selling and distribution expenses 587.2 536.7 463.7 -21.0% -13.6% 1,175.1 1,000.4 -14.9% Administrative