-term loan repayment that caused decrease in interest expense. As a result, cost of goods sold and expenses on 1st quarter of 2020 increased 6.48 percent from the same period of last year. 1.3 Profit

quarter ended 2019 and 2018 were Baht 34.03 million and Baht 27.49 million respectively. The increase of Baht 6.54 million was mainly a result of the sale expense (Freight and shipping cost, commission fee

comprise of raw material and packaging cost, labor cost, depreciation of our plant and machinery, freight expenses and others cost of sales. Our cost of sales for the three months period ended March 31, 2017

as freight costs and sales commissions, decreased in line with lower sales. Administrative expense decreased mainly because of an adjustment of staff costs to be in line with the company’s operating

for 3 6 % . Air freight revenue accounted for 34%. Revenue from land freight management Cross Border Services has a ratio of 12% and revenue from logistics management is equal to 18%. Cost of services

baht because the company can operate to decrease expenditure and have lower cost of finance. -2- Balance Sheet - Total assets at December 31, 2017 was 856.60 million baht compared to December 31, 2016

% Total Revenues 450.56 382.22 68.34 17.88 Cost of Goods Sold and Services (439.72) (360.55) 79.17 21.96 Sales & Administration Expenses and Financial Cost and Tax Expense (27.77) (23.88) 3.89 16.29 Net

which have not yet recovered. The high liability affected the expense atmosphere to be sluggish. Cost of goods sold was 641.29 million baht or equivalent to 50.31% gaining from sales revenue which it

yet recovering. The high liability affected the expense atmosphere to be sluggish. Cost of goods sold was 167.05 million Baht, it has reduced by 3.57 million Baht or equivalent to 2.09%, compared to the

Million in the second quarter of 2018. The lower rate of 1.08 %, is the result of the higher competition. 2. In the second quarter of 2018, the company bore the cost of sales and services amounting to Baht