% 91.37 % - (2.71) 1.5 Selling and distribution expenses 42.49 MB 30.73 MB 11.76 MB 38.27 1.6 Administrative expenses 134.94 MB 146.06 MB (11.12) MB (7.61) 1.7 Finance cost 61.97 MB 50.94 MB 11.03 MB 21.65

, the THB depreciation and a decline in the price of copper used in the production process helped reduce the cost of goods sold (Table 2). Administrative and Selling Expenses Selling, general, and

- Property development - Concrete products and others 62.12 % 71.12 % - (12.65) 95.12 % 94.68 % - 0.46 1.5 Selling expenses Baht 139.63 million Baht 121.03 million Baht 18.60 million 15.37 1.6 Administrative

ended December 31, 2019 of Capital Engineering Network Public Company Limited “Company” and Subsidiary with loss of 929.80 Million Baht as 993.37 Million Baht increased when compared to same period of

184.35% Cost of Sales 140.12 41.02% 47.20 39.29% 92.92 196.86% Gross Profit 201.47 58.98% 72.93 60.71% 128.54 176.25% Selling Expenses 87.56 25.63% 4.97 4.14% 82.59 1661.77% Administrative Expenses 53.48

121.40 million Baht 168.71 million 138.97 1.4 Cost of sales and service - Property development - Concrete products and others 60.31 % 77.03 % - (21.71) 88.71 % 97.79 % - (9.29) 1.5 Selling expenses Baht

dividend from available-for-sales of Baht 68.27 million in quarter 3 year 2016. (6) Selling expenses The Company and its subsidiaries had selling expenses of Baht 52.76 million, or Baht 14.85 million

. 2. Total Interest Income 0.50 Million Baht was 0.01 Million Baht or 30.36% lower from the last year. The savings of subsidiaries decreased for working capital. 3. Dividend income 0.02 Million Baht was

(24.89) (4.94) Selling Expenses 38.25 40.71 (2.46) (6.04) Administrative Expenses 37.52 35.54 1.98 5.57 Financial Expenses 0.00 0.00 0.00 0.00 • Cost of sales decreased by 24.89 million baht or 4.94

45.4% from 39.9% in previous year. Selling and administration expense. Selling and administration expense (“SG&A”) closed at 97.39 mb (2017: 82.75 mb), an increase of 14.64 mb or 17.7 %. SG&A is composed