higher production outputs. Selling expenses on 1st quarter of 2020 decreased 22.29 percent from the same period of last year, due to the higher proportion of sales in FOB incoterm, resulting in decreased

the products to catch up with the accelerated demand from customers. Meanwhile, the sharp increase in sales volume was also a factor to the slight decrease in the gross profit margin. 3. Selling

highlighted below; (Unit : Million Baht) Separate financial statements Q3/2018 Q3/2017 % Change Sales and Service income 462 514 (10) Cost of Sales and Services 363 405 (12) Selling and Administrative Expenses

explained. Q2/2017 Selling Expenses The Company and its subsidiaries recorded selling expenses of Baht 196 million, a decrease of 24% YoY. Selling expenses to sales reduced to 14.3% from 14.8% in Q2/2016, as

Sales (60) (83) 38% (134) (161) 20% Gross Profit 77 147 91% 183 267 46% Other income 1 4 300% 2 7 250% Selling and Distribution Expenses (53) (71) 34% (111) (133) 20% Administrative Expenses (32) (36) 13

Baht 0 .3 0 million or 5.52 percent. Sales and Administrative Expenses The Company and its subsidiaries' selling expenses amounting to Baht 49.25 million, decreased of Baht 9.55 million, or 16.24 percent

sales 157.92 67.59 272.89 61.52 82.69 69.66 272.89 61.52 (114.97) (42.13) Gross profit 80.01 33.63 175.23 39.10 89.82 52.07 182.09 40.02 (95.22) (54.34) Selling and Administrative expenses 46.76 19.65

9.12 million or 35.99% mainly results from; 1. Revenue from sales increased by Baht 11.80 million because the Company has Revenue from sales from merchandising business by Baht 9.46 million, Revenue from

% Other income 4.23 1.85 2.38 763.27% Total income 1,710.49 236.50 1,473.99 623.25% Selling cost 1,557.31 212.27 1,345.04 633.65% Cost of sales 85.55 49.61 35.94 72.45% Administrative expenses 32.92 27.36

-37.78% Total Income 936.78 100.00% 537.52 100.0% 399.26 74.28% Expense Cost of sales 746.55 79.69% 326.94 60.8% 419.61 128.34% Selling expenses 51.52 5.50% 57.61 10.7% -6.09 -10.57% Administrative