partly offset by cost reduction of selling and administrative expense due to increased efficiency control. Net profit included non-recurring deferred tax expense Baht 51 million of Q3’2018 was Baht 292

higher cost of goods sold. Administrative and Selling Expenses Selling, general, and administrative expense as a percent of sales increased slightly to 12.9% in 2018 compared to 12.8% the previous year

that, operating expenses rose by Baht 5.42 million because of the increase of the amount of employee benefit obligations in according with the accounting standard. The ratio of net claim expense over

of expenses came from marketing expense which increased 14% y-y and personal expense increased 8% y-y. For the third quarter of 2019, the consolidated operating and administrative expenses were 2,353

selling expense increased 4.60 million Baht because the increased sales revenue, but the decreased employee expense such as the salary expense, overtime expense, compensation expense and social security

1.29 8% Profit before income tax 38.10 27.85 Income tax expense 4.48 1.92 2.56 133% Profit for 6 months 33.62 25.93 7.69 30% 3.96% 3.67% Consolidated financial information 2 of 8 • Revenue increased by

, decreased by THB 0.57 million or -24.64% YoY. This was because a subsidiary had net tax loss carried forward whereas the Company’s profit before income tax expense increased from the same period of previous

quarter. 3. Income tax expense in this quarter increased from the same quarter of last year by Baht 2.33 million and for six months, decreased from the same period last year by Baht 1.10 million, mainly due

0.1 Mn or 0.5%. This was mainly due to increased average balance of short-term borrowing over the 12-month period. Tax Expenses Income tax expense increased from THB 20.1 Mn in 2017 to THB 32.3 Mn in

it’s expected that the customer can revise the contract and submit the work and receive the money from the customer’s party by 1st quarter of 2018. 6.2 Office rental and utilities expense increased by