to increase marketing effectiveness, and the decrease in allowance for doubtful account receivables. 4. Finance costs were Baht 75.16 million, a decrease of Baht 12.09 million or 13.9% over the same

Million Baht Item Quarter Change (%) Year Change 4/2018 3/2018 4/2017 3/2018 4/2017 2018 2017 (%) Bad debt and doubtful accounts 2,909 5,236 4,654 (44.4)% (37.5)% 18,358 22,712 (19.2)% Loss on debt

for rendering the securities company get service of information technology from other provider efficiently, acceptable and able to control a risk and having a content cover guideline for selection and

of the operation of the outsourcing. Therefore, IT outsourcing have an objective for rendering the securities company get service of information technology from other provider efficiently, acceptable

doubtful accounts (reversal) (0.10) (5.76) (0.10) (5.76) Loss from impairment on investment 0.00 (0.84) 0.00 (47.75) Loss on sale of investment in a joint venture 0.00 (0.29) 0.00 (45.74) Other expenses

expenses increased by Baht 129 million largely as a result of higher payroll costs, provision for litigation cases and lower reversal of allowance for doubtful debts. Share of profit from investment in

decreased by 7.0% from expenses controlling initiatives • Administrative expenses increased by 3.1% from personnel expenses and allowance for the doubtful debts Nine-Month Period • Total cost of goods sold

allowance for doubtful debt in an amounting of baht 10.68 million in third quarter of 2019. 3.5 Operating results The Group's net loss was decreased from the same period of previous year in an amounting of

- 26.27 26.27 100.00% Reserve for Doubtful Debts 5.90 8.85 2.95 50.00% Others 28.59 33.13 4.54 15.88% Administrative expenses 107.83 177.37 69.54 64.49% Administrative expense for the nine-month period

Including the administrative expenses of the property development business from the purchases in last quarter of 2017. 4. Bad debts and doubtful accounts decreased from the previous year by Baht 10. 57