EMS business. Analysis of revenues Q1’ 2019 Q1’ 2018 Increase (decrease) Million Baht % Million Baht % Million Baht % Revenues from main business EMS business 394 24% 476 24% (82) (17%) Enterprise

2018 and 2017 the Company’s non-current assets totaled THB 530.1 MB and THB 255.5 MB respectively, equivalent to 44.3% and 19.9% respectively. The main non-current assets are land and equipment which

3Q2016 and 3Q2017 were in amounts of Baht 155.79 million and Baht 127.59 million, respectively, which decreased by 18.0%. There are three main reasons for the decrease in revenue. Firstly, the southern

480.7 MB and equivalent to 19.9% and 48.4% respectively. The main non-current assets are land and equipment which were 15.7% and 47.0% of the total assets in which the increase by land and equipment net

% respectively. The main non-current assets are land and equipment which were 49.3% and 44.3% of the total assets in which the increase by land and equipment net THB 24.5 MB is from buying and transferring assets

Results Analysis on Previous Operation According to the economic situation in 2016, the capacity and sales of automobile and motorcycle manufacturing industry which is the main business unit of the Company

main factors for the increase were (1) the increased in marketing expenses and (2) increased in spending on delivery services fee such as Food Panda. Administrative Expenses Administration costs

logistics. Selling Expenses Selling expenses increased from THB 68.0 Mn in 9M17 to THB 81.4 Mn in 9M18, an increase of THB 13.4 Mn or 19.7%. The main factor for the increase was increased marketing expenses

from THB 56.2 Mn in 2016 to THB 86.7 Mn in 2017, 2.6% and 3.4% of total revenue during the two years respectively. This was an increase of THB 30.5 Mn or 54.2%. The main factor for the increase was

respectively, stable at 3.7% of total revenue during both years. This was an increase of THB 13.4 Mn or 19.7% and the main factor for the increase was increased marketing expenses Administrative Expenses For the