which increased from 94.50% in year 2017, and the gross margin decreased from 5.50% in 2017 to 4.74% in 2018. The decreased of gross profit margin was mainly due to differences in product mix and the

at the same level as last year and finance cost decreased from last year 13.49% The Company had net profit for the period Baht 14.51 million decreased in compared to last year which achieved Baht 32.89

compared to that of Baht 83.07 million in the year 2017. 3. Operating Profit The operating profit of the Company and its subsidiary for the year 2018 was Baht 14.97 million, increasing by Baht 4.88 million

consumers products from China arising from China – USA trade war, whilst export sales down 16% Y-O-Y was attributable to postponed delivery to customers in Vietnam. Profit for the period L&E’s consolidated

1 Ref: CIG 020/2019 August 14, 2019 Subject: Profit and loss reporting for the second quarter of 2019 and explanation of more than 20 percent fluctuation in profit and loss compared to that of last

1,219.38 -172.72 -14.16% 924.23 1,102.97 -178.74 -16.21% Cost of sales and services -802.17 -898.29 -96.12 -10.70% -735.52 -829.22 -93.70 -11.30% Gross Profit 244.49 321.09 -76.60 -23.86% 188.71 273.76

loan. As a result, cost of goods sold and expenses of 1st quarter on year 2018 slightly increased by 8.98 percent from the same period last year. 1.3 Profit (Thousands Baht) 1st Quarter Change 2561 2560

gross profit margin was also mainly impacted by the Baht appreciation as compared to previous year. 3. Selling and Administrative Expenses For the first quarter ended 31 March 2018, the Company’s SG&A

Revenues 316.80 318.39 (0.50) Total Expenses (311.80) (302.29) 3.15 Finance Costs (5.36) (6.01) (10.82) Profit before Income Tax Expenses 19.45 12.75 52.55 Income Tax Expensed (1.27) (2.61) (51.34) Net

1 Ref: CIG 042/2018 August 14, 2018 Subject: Profit and loss reporting for the second quarter of 2018 and explanation of more than 20 percent fluctuation in profit and loss compared to that of last