Microsoft Word - Final_Eng_MD&A Q1'18.docx (Translation) May 15, 2018 Ref: SET-2018-012 Re: Management Discussion and Analysis for Quarter 1’ 2018 Attn. to: President The Stock Exchange of Thailand
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. Although, the Company incurred the increased selling and administration expenses a main reason was the increase of the rents of the existing branches and new branches. EBITDA profits from the performance in
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