amortization of intangible assets arising from the purchase of investments in associate companies and the result of associate companies’ delayed revenue recognition due to the delay in delivery of work

improvement in shipping costs and adjustment of commission policy which was adjusted to pay at lower rate than last year. 8. Administrative expenses In 2018, administrative expenses increased by Baht 20. 0

million Baht, by decreasing in terms of distribution costs. As a result of the shipping cost to distribute goods both domestically and internationally, promotional and commission fees, when the sales volume

affected by the COVID-19 epidemic crisis in any way. Selling and administrative expenses in the first quarter 2020 decreased by 4.95 million baht from the same period last year. Due to the reduced shipping

56-2 Ranking PREB PRE-BUILT PUBLIC COMPANY LIMITED Filing FinancialStatement 56-1 56-2 Ranking PSL PRECIOUS SHIPPING PUBLIC COMPANY LIMITED Filing FinancialStatement 56-1 56-2 Ranking PCC Precise

. Sales in 1Q18 represented new prices for delivery that took effect in January 2018 with an effective markdown of nearly 2%. Cost of Sales and Gross Profit The profit margin in 1Q18 dropped Q-o-Q and Y-o-Y

main factors for the increase were (1) the increased in marketing expenses and (2) increased in spending on delivery services fee such as Food Panda. Administrative Expenses Administration costs

increased marketing expenses for example increased spending on food delivery services fees such as Food Panda. Administrative Expenses Administration costs were THB 328.6 Mn in 2016 to THB 423.5 Mn in 2017

, which was mainly the decline in advance receipt of goods payment, i.e. deposit, from a new customer who ordered a large volume of products. Delivery of the products has gradually been made since Q1/2018

932.13 Million Baht as 150.03 Million Baht increased or 19.18 percent when compared to same period of previous year as amount of 782.10 Million Baht due to more delivery to customers.  Other revenue of