18.9% 184.3 24.7% 78.3 73.9% Selling Expenses 43.5 7.7% 80.9 10.8% 37.4 86.0% Administrative Expenses 39.0 6.9% 54.5 7.3% 15.5 39.8% EBIT 23.6 4.2% 49.0 6.6% 25.5 108.1% Finance Cost 25.2 4.5% 53.6 7.2

% 5.6 0.8% 4.8 600.0%   JAS Asset Management Discussion and Analysis for FS2017 Page2/4 2016 2017 Change MB % MB % MB % Profit before Expenses 106.0 18.9% 184.3 24.7% 78.3 73.9% Selling Expenses 43.5 7.7

million, which decreased from the year by 121.41 million or 78.10%, due to a decrease in sales and unit price but cost of sales and service was increased. (5) Selling expenses The Company and its

49.56 1.4 Cost of sales and service - Property development - Concrete products and others 77.03 % 76.30 % - 0.95 97.79 % 109.31 % - (10.54) 1.5 Selling expenses Baht 29.83 million Baht 25.62 million Baht

, increased of Baht 10.2 million from Q1/2017 due to decreasing of fattening pig price and increasing of feed cost. Selling and Administration Expenses Selling and administration expenses in Quarter 1/2018

operation as ended December 31, 2018 of Capital Engineering Network Public Company Limited “company” and subsidiaries have profit from business operation as amounting of 133.07 Million Baht or 289.73 Million

selling and administrative expenses of 1,146 million Baht (20% of total revenues), significantly decreasing by 55% as compared to the same period last year of 2,554 million Baht. This was mainly due to: (1

; Average selling price decrease due to World sugar price volatility At the beginning of 2017, world sugar price has climbed up to 20 cent/lb then dropped sharply to 10 – 12 cent/lb now, due to global sugar

or decreased by 21.6% while compared to the same period of last year which the net profit was Baht 102.77 million. Net profit decreased for the first half due to lower average selling price of raw

capital. Meanwhile, long-term liabilities decreased by Baht 88.5 million for the repayment. Moreover, deposit received for mold increased by Baht 40.03 million. Panjawattana Plastic PCL. 28 Moo 2, Tumbol