constant. 3.3 Selling expenses and Distribution expense Selling expense and Distribution expense was increased from the year 2018 in an amounting of Baht 8.77 million or 29.18 percent. Mainly came from

1.09 Million Baht from the prior year. 5. Selling expense decreased amounting to 0.33 Million Baht, accounting for 21.71% from previous year due to the decreased in salary of salesperson 0.20 Million

start recognize revenue from large project in second Quarter of 2019 while the same period of current year the Company hasn’t get any large project. 3.3 Selling expenses and Distribution expense Selling

762.6 (254.9) (33.4) Administrative expenses (84.7) (88.0) (3.3) (3.8) Finance costs (34.1) (26.3) 7.8 29.7 Profit before income tax 388.9 648.3 (259.4) (40.0) Tax income (expense) (28.6) (54.8) (26.2

Administrative Expenses and other expenses For the fiscal year of 2021, the consolidated operating and administrative expense and other expenses were 7,844 million baht, decreasing by 6% y-y. The decrease in

in new projects which in the process of development and construction. Tax income (expense) Tax income (expense) Quarter 1 Quarter 1 Change (Unit: THB Mn) 2023 2024 Amount % Current tax on profit for

other incomes in 2018 was 1.78% of total sales, slightly decreased from 1.88% in 2017. Selling General and Administrative Expense The consolidated SG&A expenses in 2018 equaled to THB 1,372.02 million

BUSINESS PLAN AND OUTLOOK The overall business outlook for 2H 2019 is slightly restrained; with potential impact from trade war and exchange rates constraining the business but favourably counterbalanced by

the protracted US-China trade negotiations and concerns over Brexit risks. For the final quarter of this year, a brighter outlook seems to be in store for the Thai economy, thanks to the government’s

Environment 1 1.1 Global and Thai Economy in 2019 and Outlook for 2020 1 1.2 Banking Industry, Competition and Emerging Risks 2 1.3 Significant Regulations and Rules related to Business Operations 5 2. Risk