expenses increased in the amount of Baht 17.7 million or 6.5%. And, the financial costs decreased in the amount of Baht 2.2 million or 7.8% which was in line with the improved financial cost management of

was in line with the improved financial cost management of the Company. - Income tax for Q3/2018 was in the amount of Baht 88.1 million which decreased from Q3/2017 by Baht 6.6 million as a result of

million decreased by 12% for the same period of previous year amounting Baht 45.21 million from cost management by carefully set up own operational and maintenance for machines and equipment of solar farms

accomplishment of cost management policy, 2 | MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR 2020 • Gross margin: UWC has recorded gross margin since Q1-2020 due to accomplishment of cost management policy

in 8 countries. Management Discussion and Analysis (MD&A) for the second quarter ended 30 June 2020 4 | P a g e Summary of Operating Results 1/ Figures after reclassification. Cost of rental and

in the gross profit margin that expanded from 15.3% in the third quarter of 2018 to 16.4% in the third quarter of 2019 and more efficient cost management that caused selling and administrative expense

closely to the food cost management especially, to reduce food wastage without compromising on food standards and customer satisfaction. At the same time, the Company also improve on the purchasing

policy focus on cost management and internal resource management to maximize efficiency, including managing cash flow to be sufficient for business operations. The financial results of the company and its

focuses on quality and cost management, thus importing European products instead of importing products from China, thus lowering the cost of the baht as compared to the previous year. - Increased on other

%. The change due to there was donation from selling of brooch in 2017  Decreasing in finance cost is because all loans was settled since 1st quarter 2018. For the year ended 31 Dec  The company has