market. In addition, there were records of the doubtful debt of the long trade receivables, the employee expenses such as bonus and the provision for penalty on project delay. Therefore, comparing the

Groups’ expense on salary and employee benefit, audit fee, advisory fee, advertising and IR related to IPO in January 2019 has increased 13.91 Million Baht compare to the last year. tel:02-455-2888 บริษัท

ended 31 December 2018 2019 THB mm % THB mm % THB mm % Advertising and promotional expenses 455.66 89.26 372.26 86.19 (83.40) (18.30) Sales employee cost 22.99 4.50 34.63 8.02 11.64 50.63 Freight expenses

plan with Bangchak Petroleum Plc. was of Bt11.5 million. 2.2.5 The Employee benefit obligations was of Bt939.3 million according to Labor Protection Laws as TAS no.19 on employee benefits. 2.3

integration in January 2017 b) Increase in employee benefits from issuances and offerings of warrants to purchase the Company’s ordinary shares to directors and employees No.1 (“ESOP-Warrant-1”) and No.2 (“ESOP

companies. Administrative expenses decreased 1.36 million Baht or 2.37%, came from employee and asset depreciation. 2.3 Net profit (loss) The Company accounted for a net profit of 42.91 million Baht, profit

due to financial statement adjustment in accordance with new Thai accounting standards, higher employee benefits accrued, and administrative expenses recognition from Long Quan Safe Food JSC (LQSF). Q1

standards, higher employee benefits accrued, and administrative expenses recognition from Long Quan Safe Food JSC (LQSF). Q1/2019 Finance Costs The Company and its subsidiaries recorded finance costs of Baht

expense totaling of Baht 14.95 Million. Resulted from the increasing of employee expenses & compensations, audit fee, utilities, consulting fee and advertising expenses. 4. Profitability Gross profit and

the 3 months Change between YoY For the 6 months Change between YoY Q2/19 Q2/18 Amoun % June 30, 2019 June 30, 2018 Amoun % Employee expense 7.04 5.92 1.12 18.93 13.02 11.54 1.48 12.83 Depreciation and