Napoleon Logistics Co., Ltd. During 2017, Napoleon Logistics Co., Ltd., a trading partner of Energy Earth Public Company Limited (“EARTH”), assisted or facilitated EARTH’s seven ex-directors and ex
logistics. Selling Expenses Selling expenses increased from THB 68.0 Mn in 9M17 to THB 81.4 Mn in 9M18, an increase of THB 13.4 Mn or 19.7%. The main factor for the increase was increased marketing expenses
and (2) increased service cost of outsourced warehouse and logistics. Selling Expenses For the 9 months ending 30 September 2017 and 2018, selling expenses increased from THB 68.0 Mn to THB 81.4 Mn
an external provider of warehouse and logistics management services, whereas the Company did not incur such expense in the corresponding period of 2018. It was also ascribed to a total increase of
application called the ECOLIFE. The project received active participation from various organizations: sponsors for logistics system, recycling/upcycling companies, brand owners with strong policy on the
Page 1 of 5 26 February 2019 Subject Management Discussion and Analysis for the year ended December 31, 2018 To : The President The Stock Exchange of Thailand WICE Logistics Public Company Limited
outsourced warehouse and logistics. The gross profit grew from THB 602.8 Mn in 2017 to THB 703.6 Mn in 2018, an increase of THB 100.8 Mn or 16.7%. The gross profit margin decreased slightly from 24.3% in 2017
logistics. Zen Corporation Group Public Company Limited 782/1 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND. Tel: 02-0195000 The gross profit (after deduct costs of sales and service) decreased from THB
Page 1 of 4 11 November 2019 Subject : Management Discussion and Analysis Quarter 3 Ending 30 September 2019 To : The President The Stock Exchange of Thailand WICE Logistics Public Company Limited
LOGISTICS PUBLIC COMPANY LIMITED LH FINANCIAL GROUP PUBLIC COMPANY LIMITED LIGHTING & EQUIPMENT PUBLIC COMPANY LIMITED LOHAKIT METAL PUBLIC COMPANY LIMITED LOXLEY PUBLIC COMPANY LIMITED LUCKYTEX (THAILAND