as follows; Expense/Income 2020 2019 Employee expenses and benefits 11,116,644.56 14,621,136.01 Other expenses 7,645,942.42 7,715,034.38 Expense (income) allocation 0 (3,582,974.51) Total

%) 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

income from consolidated and separate financial statements, decreased from 31.36 million baht to 10.25 million baht, increased by 21.11 million baht or 67.32 percent was mainly by the decrease of

159.78 (42.39) (26.53) 87.16 96.05 Cost of sales (88.33) (119.80) 31.47 (26.27) (75.24) (74.98) Gross Profit 29.06 39.98 (10.92) (27.31) 11.91 21.07 Other income 17.30 6.57 10.73 163.32 12.84 3.95

Revenues from sales Revenues from sales 56.46 72.01 (15.55 ) (0.22 ) Other income 1.66 1.96 (0.30 ) (0.15 ) Total Revenue 58.12 73.97 (15.85 ) (0.21 ) Expenses Cost of sales 37.80 64.34 (26.54 ) (0.41

million or 15.41 percent. Due to the company has sold 1 plot of land total price 68 million baht but revenue from sales of houses and condominiums were decreased. Rental Income and Service Revenue The

Baht 1.60 million. This was mainly caused by the lower revenues derived from fee and service income, interest on margin loans and return on financial instruments. However, KT ZMICO’s operating expense

/ (decrease) %change Revenues from sales and Service income 217.59 157.19 60.40 38.42% Other revenues 2.37 0.18 2.19 1,216.67% Total revenues 219.96 157.37 62.59 39.77% Cost of sales and Service income 109.51

67.51 million or 8.11% when compared with the same period in 2018. The decrease in revenue stemmed from a decrease in sales volume in European market. Income Statement ( million Baht) 3Q18 2Q19 3Q19 %YoY

- (4.9) (6.8) 38.8% N.A. (1.4) 5.1 N.A. Other income 2.9 4.7 4.9 4.3% 69.0% 22.0 18.2 (17.3%) Profit before expenses 502.1 414.5 269.4 (35.0%) (46.3%) 1,452.9 1,153.6 (20.6%) Administrative expenses (106.9