last year’s which, in turn, leads to an increase in Sales Revenue. 2. Sales cost to revenue ratio decreased by 2.57% (from 91.41% to 88.84%) because the company had a better control of production costs

selling expenses with sale will be found that decreasing from 23.76% to 15.68%, which indicates that the Company had control to selling expenses effectively. Administrative Expenses For the third Quarter

Company Limited and its subsidiaries (“the Company”) would like to clarify herewith the operating result for Quarter 3 Ended 30 September 2019 as follows:- Financial Position As at 30 September 2019 total

company had an strictly and effective stock management and cost control of raw material. Expense In the first quarter of 2020, the company had the selling cost of 5.12 million baht, decreased by 3.35

the gross margin. Company able to control cost better than last year. With a gross margin of 25% in 2018 and 23% in 2017. 1.3 Other income is the indirect business income generated by the Company such

recognition of the expected loss in one of the long-term construction contracts. However, if the Company can control the cost of the construction in this project as per planned or any other external factors

estimation in one of the long-term construction contracts. However, if the Company can control the cost of the construction in this project as per planned or any other factors, this loss can be reversed to a

188.13 million, which is in accordance with accounting principles. If the Company can control the cost of the construction, it will result in lower cost from this estimate. Moreover, this cost can be

million or decrease 22.57%, this is due to the company set measures to control appropriate spending. 4. Administrative expenses In Q2/2017, the administration expenses was Baht 12.88 million compare with

the Consolidated Financial Statement amount of THB 69.65 million, an increase of THB 6.12 million or 9.64 per cent, compared to the same quarter last year. As the Company has a policy to control costs