% Selling Expenses Percentage to Total Revenue Selling expenses mainly consist of salaries of dessert café’s staff, space and equipment rental expenses, utility expenses, and other selling expenses such as

/24 9M/23 9M/24 29.3% 26.6% 30.2% 27.6% Selling Expenses Percentage to Total Revenue Selling expenses mainly consist of salaries of dessert café’s staff, space and equipment rental expenses, utility

demands of industrial customers of Rayong Central Utility Plant (CUP). On the other hand, gross profit of GLOW SPP dropped slightly in Q2/2020 partly due to an unplanned outage of GLOW Energy Phase 5 Plant

Phuket Floresta. • Utility costs, a major component (accounts for approximately 30% of cost of rent and services) for shopping mall operations, increased from the same period a year earlier amidst the

various cost reduction initiatives. Reductions in operating costs and general administrative expenses, such as utility cost, certain outsourced services and excessive administrative costs at both business

factors: • Utility costs, a major component (accounts for approximately 30% of cost of rent and services) for shopping mall operations, decreased from the same period a year earlier mainly from temporary

2,984 mn, a decrease of 25.6% YoY (for the first six months of 2020, reported cost of THB 6,843 mn, a decrease of 12.3% YoY) due to the following factors: • Utility costs, a major component (accounts for

prepaid market which the Company sees the opportunity in steady growth in 2018. The Company plans to launch new services, e.g. money transfer service, bus ticket payment, utility bill payment, insurance

utility expenses, insurance, and power development fund. For the year 2018, costs of sales are THB THB 6.10 million, a THB 0.86 million or 12.31% decrease from the previous year (2017: THB 6.96 million

Other costs of goods sold mainly comprise warehouse rentals, utility charges and other expenses related to production. Gross Profit Considering gross profit, for the year ended 31 December 2017 and 2018