mainly due to the followings: (a) Lower contribution margin recorded resulted from unfavorable model mix; and (b) Higher tax expense recorded during the 3-months period ended 30 April 2019 by Baht 2.82

financial statement ended June 30, 2019 or Baht 6.47 million lower due to raw material supply problem. Cost of sales decrease from Baht 7.20 million for the three-month period financial statement ended June

decreased 9.79 million Baht, or 2.91% from the same period of previous year due to the slowing of the economy. Investment and government expenditure were not enough to drive the economy. While the private

increase in same-store sales figures from company Lighting Solution Centers at both Ratchadapisek and Ratchapruk branches; - Export flat Y-O-Y due to delivery postponement of some projects in Malaysia and

of sale amount. 3. The company’ s selling and administrative expense in the second quarter of 2018 were Baht 204.30 million decreased by Baht 73.35 million, or 26.42% from the same quarter of 2017

selling and administrative expense in the third quarter of 2018 were Baht 215.26 million decreased by Baht 44.79 million, or 17.22% from the same quarter of 2017, mainly from the branches decreased and

amount of THB 89.65 million, an increase of THB 23.78 million or 36.11 per cent, compared with the same period of last year. Due to the issuance of stock option to the Company’s directors, management and

202.06 16.49 268.73 9.92 167.14 15.99 262.56 9.64 (66.67) (24.81) Administrative expenses 68.93 5.63 88.77 3.28 68.36 6.54 88.57 3.25 (19.84) (22.35) Profit before financing costs and income tax expense

v) Baht 31.4 million increase of Finance Costs from Baht 84.1 million to Baht 113.5 million mainly due to financing for SDWTP and Interest Expense from the new adoption of TFRS 16; despite lower

negotiation for rental expenses reduction according to the outbreal of Covid-19. • Selling expense to total revenue in 2020 was 32.5%, increased by 5.1% from 2019. This is due to the higher proportion of the