services mainly for agricultural and food products that have still been continuously necessary even amid the pandemic. Costs and Expenses • The Company reported the consolidated costs and expenses for Q1

) 13.82% Administrative expenses (11.29) (7.77) 3.51 -31.13% Share of gain of investments in associate 0.03 0.03 0.00 0.25% Finance costs (0.08) (0.06) 0.02 -22.49% Profit before income tax expense 30.31

) -251.77% Finance costs (0.23) (0.32) (0.09) 38.21% Profit before income tax expense 53.59 34.76 (18.83) -35.14% Income tax (8.57) (4.01) 4.57 -53.25% Profit for the year 45.01 30.75 (14.26) -31.68% Other

project to facilitate the business sector (Regulatory Guillotine*) in order to facilitate and reduce unnecessary costs for the business sector. The consultation paper is available at www.sec.or.th

8.30 percent to 17.88 percent. The increased gross profit rate from trading business of telecommunication towers , which resulted in economies of scale lead to lower costs. 3. Sales and administration

170.46 133.03 37.43 28.14 170.45 134.16 36.29 27.05 Costs of Sales (121.41) (96.45) (24.95) 25.87 (121.01) (97.42) (23.59) 24.21 Selling Expenses (11.81) (9.56) (2.25) 23.54 (11.81) (9.56) (2.25) 23.54

Q1/2018 in the amount of Baht 214.6 million (Q1/2017: Baht 164.8 million) which increased in the amount of Baht 49.8 million or 30.2% and reported profit before finance costs, share of profit of

, transfer fee and decrease in advertising costs. The Company and its subsidiaries' administrative expenses amounting to Baht 35.77 million decreased of Baht 5.28 million, or 12.85 percent. Financial Costs The

in lending rates in line with the Thai policy rate during this quarter. Nonetheless, net interest margin (NIM) edged up slightly. Net fees and service income also rose over-year, due to a low- base

other income in amount of Baht 7.30 million compared to the same period of last year, due to the decrease of investment fair value in line with the decrease of SET index and service fees received from