comprise of raw material and packaging cost, labor cost, depreciation of our plant and machinery, freight expenses and others cost of sales. Our cost of sales for the three months period ended March 31, 2017

yarn order from a customer was made.  Cost of sales down 1.22%, as per sales decreased.  Selling and administrative expenses down 4.08%, main reason came from freight expenses, employee benefits, and

in freight charges. Administrative expenses on 1st quarter of 2020 increased significantly 171.40 percent from the same period of last year, mainly due to loss on forward contract and administrative

. Revenues Classified by Distribution Channels 12 Months in 2017 12 Months in 2016 Variation THB % Domestic Restaurant and Bakery Business 6,098 5,969 130 2.2 Food and Bakery Wholesales Business 762 817 (55

percent to 11.2 percent respectively. Revenues Classified by Distribution Channels 12 Months in 2017 12 Months in 2016 Variation THB % Domestic Restaurant and Bakery Business 6,098 5,969 130 2.2 Food and

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

1/2 L-WAVE ENT 20/2020 15 May 2020 Subject : Management’s Discussion and Analysis for the first quarter 2020 operating results with variation greater than 20% compared to the same period of 2019 To

6.74 million which has decreased by THB 0.17 million or 2.53% from the 1st quarter of 2014 was THB 6.91 million. 4. Sea Freight Carrier Business Revenues from Sea Freight Services, operated by the

ทางบกจึงมีผลท าให้ รายได้จากการบริการจัดการโลจิสติกส์เพิ่มขึ้นจากเดิม หนา้ 3 จาก 5 Sea Freight, 610.64, 33% Air Freight, 854.74, 47% Logistics, 366.73, 20% Sea Freight, 635.03, 46% Air Freight, 465.59

0.98 7,632 6,869 95.85 Edible Oil 7,471 13,281 1.62 - - - 7,471 13,281 100.00 Total Refining 23,066 27,316 3.33 7,963 7,166 0.98 15,103 20,150 281.20 3. Sea Freight Carrier - - - - - - - - - 4. Other