as freight costs and sales commissions, decreased in line with lower sales. Administrative expense decreased mainly because of an adjustment of staff costs to be in line with the company’s operating

since lower freight cost due to lower export volume comparing to 2Q2019. The consolidated SG&A expenses in 2Q2020 were 9. 89% of revenue from sales, increased from 7.62% in 2Q2019. The consolidated SG&A

leading to margin increase in all commodity products, supporting the increase in crude oil prices. All of this is translating into stronger than anticipated earnings in first half 2021. Transformation

shares held after acquisition 80% of registered and paid-up capital Type of business UWT is a freight forwarder in Hong Kong which provides international logistics services including import and export

Administrative Expenses The consolidated SG&A expenses in 1Q2020 equaled to THB 330.85 million, decreased by THB 3.22 million or 0.97% down from 1Q2019. The Consolidated SG&A expenses decreased since lower freight

consolidated SG&A expenses for 9M2019 was THB 998.74 million, increased by THB 9.20 million or 0.93% up as compared to 9M2018 mainly from higher freight cost from higher export volume. Share of Profit from

(Loss) 110.64 7.60% 132.25 7.18% (21.61) (16.34%) Earnings per share (Baht per share) 0.0211 0.0253 (0.0041) (16.34%) Net Profit (Loss) After adjusted EBITDA 140.59 9.66% 161.29 8.76% (20.71) (12.84%) ท่ี

Match Bangkok Century Cup 2022” sponsorship and “The Way of Gaming” retail branches marketing campaign, (2) Freight expenses, increased by THB 0.59 million due to soaring fuel prices which led to an

higher freight cost from higher sales volume in CNF incoterm. However, selling expenses of 3rd quarter of 2018 slightly decreased 0.23 percent from the same period of last year, mainly caused by lower

2020 slightly decreased 9.55 percent from the same period of last year, due to the higher sales volume in FOB incoterm, resulting in decrease in freight charges. In the 2nd quarter of 2020, selling