the Period - The Company’s Equity (0.73) (6.33) (5.60) (88.47%) - Non-controlling Interest 0.63 0.03 0.60 2,000.00% Management's Discussion and Analysis and operating results for the Quarter 1’ 2019

airports, train stations and travel hub for Dean&DeLuca stores expansion globally. Selling and administrative expenses and impairment loss In Q1 2019, The Company had total expenses and impairment loss of

there was an expansion in Sales’ department’s headcounts and the Company also held campaign for Customers visiting factory to promote Company’s products. 2.3. Administrative expense for three month-period

million baht due to expanding LCL work has also increased number of staff and the office has been relocated to support such expansion, resulting in cost of moving and amortization of original office

travel hub for Dean&DeLuca stores expansion globally. Selling and administrative expenses In 2Q 2019, The Company had total expenses of 857 million Baht (177% of total revenues), decreased by 25% as

last year. Selling, General and Administrative expenses increased significantly by 78.6% YoY from THB 66mn to THB 119mn. In this quarter, the Company recognised a non-recurring item from loss on

(6.30) 5.69 (11.99) (210.72%) Profit Sharing for the Year - The Company’s Equity (6.33) 5.30 (11.63) (219.43%) - Non-controlling Interest 0.23 0.39 (0.16) (41.03%) Total Revenues (Revenues from sales and

improve from spending in all categories, consistent with the expansion of manufacturing production in both domestic and export-related industries. Exports in the first three months have jumped 11.3% year on

Liabilities Amount (THB million) Short-term loans from financial institutions 230 Accrued expenses 57 Other current liabilities 25 Other non-current liabilities 38 2.4 Indebtedness to be incurred in the future

expanded in all categories. The expansion in global and domestic demand reflect to the growth of manufacturing sector. In term of public spending and private investment which strongly growth in all sector