from distribution fee from outsourced service provider of warehouse management and goods distribution that the company started using since September 2018 which is a total cost of 10.84 million baht

from cost incurred from fully operational of Wattanapat Ao-Nang hospital (fully operational in March 2019), such as salary, overtime pay, doctor fee, cost of goods sold, depreciation infrastructures and

1.8 million mainly from provision for bad debt, and UPOIC’s selling expenses increased by Baht 2.6 million from goods transportation which is in line with sales volume. Administrative expenses

. • Total expenses decreased 14% is a result of 1) controlling in cost of goods sold and 2) controlling in selling-admin expenses and 3) impact from closing of food chain/ restaurants. Unconsolidated

accounts receivable and product brand to a person who is not related person, then could generate the profit from such transaction at the amount of Baht 18.80 million. 2. Cost of goods sold and expenses

% Revenue from sales of goods 55 2% 8 0% -85% Revenue 3,000 100% 2,186 100% -27% Gross profit 1,303 43% 905 41% -31% Other income 65 2% 654 30% 912% Selling expense -306 -10% -278 -13% -9% Administrative

like to clarify a significance change of Group’s operation results were summarized as follows 1. Revenue from sales of goods and rendering of services for the year 2019 decreased by 13% compared to the

of raw materials shortage and postponed the shipments as compared to same period of last year. 2. Cost of sales For the second quarter ended 30 June 2020, the Company’s cost of goods sold was USD

to delivered more goods to customers, resulting in the increasing revenue through Q1-2/2020. Overall, the Company and its subsidiaries had a net profit for the 6-month period ended 30 June 2020 of

of previous year by Baht 12 million or more than 100% due to allowance for doubtful accounts and allowance for devaluation of goods. 2. Financial Analysis (Unit: Million Baht) Items 31 December 2020 31