year and 23.0% in last quarter this year. Selling and administrative expenses (including research and development – R&D) in Q2’19 went up 21.0% from Q2’18 and up 5.8% from Q1’19 due to R&D and sales

drop to 19.1%, compare to 24.5% in the same quarter of last year and 19.9% in last quarter. Selling and administrative expenses (including research and development – R&D) in Q3’19 went up 5.7% from Q3’18

last year. Selling and administrative expenses (including research and development – R&D) in Q1’19 went up 16.7% from Q1’18 and keep close to Q4’18 due to the R&D and sales force invested in order to

Vehicle Solutions after a short period drop down in Q2 Selling and administrative expenses (including research and development – R&D) in Q3’20 still keep close to Q3’19 and Q2’20. Operating profit in Q3’20

research and development – R&D) in Q1’20 keep close to Q4’19 and Q1’19 contribute from the squeezed of Admin and Selling expenses together with the boost up of R&D workforce especially in Europe in order to

company paid maintenance software ,Research and development. 1.5 In Q3-2017, Management's Remuneration increase amount 4 Million Baht equivalent 30% from previous year because the company restructuring

% due to Training & Education. 1.5 Administrative expenses increased 9.14 MB or 6.49 % due to develop manpower by Training, Product Research and Development and Warehouse Management. 1.6 Corporate income

Development) million baht 7,378 6,976 7,319 Operating expenses (include Research and Development) to sales (%) 13.90% 14.17% 15.61% profit marginOperating (%) 8.94% 11.32% 10.87% Other income to total revenues

Research and Development) million baht 8,180 7,378 6,976 Operating expenses (including Research and Development) to sales (%) 16.00% 13.90% 14.17% Operating profit margin (%) 4.48% 8.94% 11.32% Other income

SEC Research Department, the National Institute of Development Administration (NIDA) and Morningstar Research (Thailand) Ltd. All of the studies aim to provide a better understanding of investors