previous year by 0.79 percent, due to the increase in the cost of raw materials and increase in selling and administrative expenses, as well as increase in cost from long holiday period during the Songkran

385,457 389,215 (3,758) (1.0) 374,124 341,345 32,779 9.6 Other income 15,237 11,862 3,375 28.5 18,106 12,687 5,419 42.7 Profit before selling and administrative expenses 400,694 401,077 (383) (0.1) 392,230

by business segment. IV Expenses (Unit: Million Baht) Third quarter 9-month period 2017 2016 Difference % 2017 2016 Difference % Selling expenses 330 368 (38) (11) 858 1,204 (346) (29) Administrative

sales of service and increased sales of raw material to franchisees. Selling Expenses Selling expenses increased from THB 56.2 Mn in 2016 to THB 86.7 Mn in 2017 and increase of THB 30.5 Mn or 54.2%. The

mainly due to the increase of raw material cost aligning with the increase in revenue from sales of service and increased sales of raw material to franchisees. Selling Expenses Selling expenses increased

and (2) increased service cost of outsourced warehouse and logistics. Selling Expenses For the 9 months ending 30 September 2017 and 2018, selling expenses increased from THB 68.0 Mn to THB 81.4 Mn

million, down from the same period of the previous year by Baht 604.88 million mainly due to decreased revenues from construction services and increased administrative expenses. Revenues from construction

decreased Baht 102.05 million – resulting to the gross profit margin was increased to 7.53% from 6.56% of year 2018. 2. Selling expenses was Baht 144.14 million which increased Baht 12.71 Million or increased

policy of some distribution channels in domestic to enhance the efficiency of expenses. Such policy made the decrease of revenue but decrease the expenses caused from that distribution channels also. In

a larger proportion. Also, administrative expenses have increased by ฿ 68.52 million or 35.43%. Therefore, the company’s total operating results for the year 2019 was ฿ 38.14 million in annual loss