equivalent to 9.03% mainly due to increasing of advertising and promotion expenses – CLMV by Baht 1.11 million and the credit card fee by Baht 1.14 million. Administrative expenses For the year 2018, the

was from revenue in advance and unearned revenue from special promotion program for members. Reserve for long-term employee benefit. As at YE 2018 and 2017, The Group has reserve for employee benefit of

promotion. Whereas high fixed costs were maintained which will be directly affected to Wuttisak clinic. However the beauty business has a plan to develop its business into the Franchise Business Model

sell promotion expenses and maintenances expenses. Loss from fair value adjustment on investment property The Company incurred gain from fair value adjustment on investment property in 2017 which results

than 2016. Most of increasing expenses were employee remuneration increased as a result of new business expansion and Café Shop, advertising expenses and sell promotion expenses and maintenances expenses

increased 0.9% when comparing to the year 2016 (in 2016: 8.2% / in 2017: 9.1%). This was due to an increase in promotion expenses to stimulate sale. In 2017, 5 low-rise housing projects was launched together

period at the previous year. It is mainly due to the selling promotion and advertising expenses from Wuttisak Cosmetic launching Wuttisak Beauty Station to expand its business into the total beauty

to the sales promotion expense, transportation costs in accordance with higher sales volume and increased commissions from increase in selling through agents. Net profit and Net profit margin Forthe

Limited 0.69 - Total 23.63 11.54 During the first quarter of 2018, sales and promotion expenses of Mana Patanakarn Company Limited were higher when compared to the same quarter of 2017. The company also had

766.8 132.9 21.0% 1,202.7 1,424.9 222 18.5% Sale Promotion Income 148.8 54.6 -94.2 -63.3% 283.3 144.6 -139 -49.0% Selling Expenses 233.9 251.4 17.5 7.5% 452.8 489.0 36 8.0% Management Discussion and