% over the same period as last year. The increase in the overall gross profit margin was mainly driven by the Baht 73.39 million reversal of provision for obsolete and slow- moving inventory which was a

able to collect long-outstanding account receivables, resulting in a reversal of reserves for doubtful debt for period of THB (0.08) million Administrative expense for the first quarter of 2018 consists

43.79 Million baht. Due to in Quarter 1- 2018, there has been Reversal of allowance for doubtful accounts of trade accounts receivable (related company) as amounting of 14.12 Million Baht thus payback in

) (99,489) (9,060) (9.11) Cost of Service (42,149) - (42,149) 100.00 Gross Profit 70,749 52,065 18,684 35.89 Reversal of doubtful debt 4,640 3,170 1,470 46.37 Other Income 5,859 3,210 2,649 82.52 Profit

Reversal of credit losses - 60.2 100.0% - 110.0 100.0% Operating profit 217.7 347.3 59.5% 452.2 665.2 47.1% Financial cost 45.3 76.7 69.3% 86.5 145.0 67.6% Income tax expenses 35.1 40.1 14.2% 86.8 93.0 7.1

12.06% - 0.00% 137,396 100.00% Reversal of allowance for diminution in value 50,000 4.39% - 0.00% 50,000 100.00% Share of profit (loss) from investment in associate 4,106 0.36% - 0.00% 4,106 100.00% Share

credit losses (reversal) (708.2) 100.0 (808.2) (808.2) Income tax expenses (279.1) 138.6 (417.7) (301.4) Profit (loss) from operations before expected credit losses and income tax (1,695.8) 1,045.3

year. The increase in the overall gross profit margin was mainly driven by the reversal of provision for obsolete and slow-moving inventory, the increase in house brand revenue contribution in

plan for recovery or an orderly wind-down, with approval of its board of directors, which contains details at least in the following matters: (1) events and circumstances in which a securities clearing

recovery plan. Then, the executives of Blue Finix has proposed such plan in the Board of บมจ.0107537002109 Page 5 of 7 บริษทั ดีมีเตอร ์คอรป์อเรชัน่ จ ำกดั (มหำชน) Demeter Corporation Public Company Limited