%) 100.00% 148.40% Cost of sales (34.89 ) (48.06 ) 13.17 (27.41%) (76.73%) (105.71%) Gross Profit 10.58 19.41 (8.83 ) (45.50%) 23.27% 28.77% Other income 3.02 2.78 0.24 8.53% 6.64% 4.12% Distribution costs
35.11 81.96% Selling expenses 9.20 4.08 5.12 125.49% Administrative expenses 14.60 15.81 (1.21) (7.65%) Finance cost 1.02 0.88 0.14 15.91% Profit before income tax expenses 111.79 33.39 78.40 234.80
Holding Company investing in retail business such as mobile phone distribution and accessories, non-performing debt management, real estate development, hire purchase (associated company), personal loan
products. -2- Revenues Classified by Distribution Channels 12 Months 2018 12 Months 2017 Variation THB % Domestic Restaurant and Bakery Business 6,184 6,098 86 1.4 Food and Bakery Wholesales Business 773 762
expenses 0.13 0.23 0.36 0.67 0.23 176.92 Administrative expenses 16.57 29.72 17.66 32.69 1.09 6.58 Other expenses - - 1.13 2.09 1.13 n.a. Total expenses 31.83 57.09 33.55 62.10 1.72 5.40 Profit before
reported at 21.6%, nearly to %GP 9M18 represented at 21.7%. Excluding TBSP %GP at 17.2%, Company’s core %GP achieved at 24.9%, primary by higher Gross Profit of High-Valued Document. Excluding extra expenses
expansion as well as investing in various projects in the future – all of these will eventually boost up the growth of income and profit of the Company. 2.2 Details of the project of the Company and/or its
party products for distribution, which each offers different gross profit margins. Therefore, such significant rise in sales from these two categories lowered the average gross profit margin from domestic
products, of which produced by our 3rd party manufacture which typically deliver lower gross profit margin, and a wider product variety of 3rd party products for distribution, which each offers different
% Gross Profit 1,137.0 1,088.5 1,064.8 -6.4% -2.2% 4,263.2 4,262.1 -0.03% Other income 11.6 27.5 25.5 +120.5% -7.1% 109.6 104.7 -4.5% Selling and distribution expenses 695.0 603.7 568.3 -18.2% -5.9% 2,400.0