2020, the Company had administrative expenses by THB 46.51 Million which increased by THB 4.79 Million or 11.48% compared with the same period of the last year because the staff expense, research and

) (11.69 ) 18.76% (28.81%) (21.06%) Tax income (expense) (2.69 ) (0.26 ) 2.43 (934.62%) (1.53%) (0.09%) Profit (loss) for the period (88.43 ) (259.81 ) 171.38 65.96% (50.34%) (87.81%) Other Comprehensive

overall improvements in productivity, we achieved a gross profit of 202.75mb ( Q3 2018: 163.17mb), an increase of 39.58mb or 24.3%. Selling and Administration expense Selling and administration expense (“SG

% 10.2% 12.2% % NNP - Owner of the parent 59.1% 63.1% 61.7% 64.2% Remark: * Normalized net profit = Net profit – Unrealized gain / (loss) from FX – Non-recurring income / (expense) B.GRIMM POWER PUBLIC

Baht 2,202 million in Q4’2018 to Baht 2,413 million in Q1’2019 due to lower scheduled maintenance and lower expense from the seasonally peak of SG&A in Q4. • EBITDA margin in Q1’2019 was 23.5% compared

Cost of Sales and Expenses Major costs of the Company compose of cost of sales, selling expense, administrative expense and interest expense. In the year 2016 and 2017, the Company shows its cost of

selling expense to increase, 1Q2020 net profit reported at THB 335M or still increased by 14% YoY because of other income representing THB 423m recognized as a gain from selling share of SHR’s subsidiary

which was mainly came from a decrease in expense related of share issuance that was reclassified to equity and also a decrease in advance payment of fixed assets that was recorded as of December 31, 2017

as follows: - Operating and Administrative Expenses For the nine-month period of 2018, the consolidated operating and administrative expense were 6,435 million baht, increasing by 7% y-y and

. Expense (Unit: Million Baht) Third quarter 9-month period 2019 2018 Change % 2019 2018 Change % Selling expenses 146 242 (96) (40) 452 571 (119) (21) Administrative expenses 396 368 28 8 1,254 1,133 121 11