reduction is mainly due to improved productivity. We are on track to improve our gross and net profits by ensuring that any increase in our costs is lower than our growth in sales. Gross Profit As a result of

the period to Equity holders of the Company 1,508.2 22.7 1,457.9 21.5 (50.3) (3.3) หนา 2 ของ 5 I Revenues In conclusion, the Group has total revenues during the six-month period ended June 30th, 2018

% THB mm % Raw material and packaging 94.3 85.3 81.6 80.8 Labor costs 10.7 9.7 12.3 12.2 Depreciation costs 3.7 3.3 4.2 4.2 Freight expenses 0.6 0.5 0.7 0.7 Others 1.2 1.1 2.2 2.2 Total cost of sales

gross margin 6.62 percent and net loss (9.49) percent of total revenues. Table 2: Overview of costs, expenses and gross profit to revenue. Items Amount (million baht) , % Amount increased (decreased) Q2

%. The income from rental and service fee and management fee increases 37.58% and 20.52% respectively. Moreover, in order to sell ready-to-move-in projects, the sales promotion costs (excluding ownership

expenses ( 284.7 ) (7.1) ( 206.2 ) (5.7) 78.5 (27.6) Profit for the period 903.2 22.4 733.5 20.2 ( 323.7 ) (35.8) Profit for the period to Equity holders of the Company 891.6 22.1 687.3 18.9 ( 204.3 ) (22.9

36.20 38.44 45.01 (2.68) (6.97) Selling Expenses 29.99 30.36 32.12 37.61 (2.13) (6.63) Administrative Expenses 13.87 14.04 12.80 14.99 1.07 8.36 Financial Costs 0.22 0.22 0.10 0.12 0.12 120.00 Total

increase of revenue from office segment and management income • EBITDA stood at THB (93)mn, largely from the shortfall of revenue, partially relieved by lower operating costs and selling and administrative

100.00% 111.56 3.23% Distribution costs 140.16 4.05% 159.58 4.47% 19.42 13.86% Administrative expenses 88.53 2.56% 105.99 2.97% 17.45 19.72% Profit from operating activities 64.65 1.87% 69.66 1.95% 5.01

to sales decrease in the UK, Switzerland and China restaurants In 2018, the Company and its subsidiaries’ costs of sales and services rose to THB 4,274 million, equivalent to 56. 2 percent of the