last year. This is result from increasing in normal administrative expense. 5. Selling expenses were Baht 43.54 million, increased Baht 5.40 million or 14.16 % from the same period of last year. This is

administrative expenses increased 95.55% from personal expense of subsidiary company and the Group had recognized provision for doubtful accounts from related parties amounted to Baht 50.55 million and impairment

or 6.92 % from the same period of last year. This is result from increasing in normal administrative expense. 6. Finance cost was Baht 55.05 million; increased Baht 14.11 million or 34.47 % from the

requiring provisions for employee benefits of Baht 23.7 million (Baht 6.3 million recorded as production cost while the remaining Baht 17.4 million recognized as SG&A expense) the full year 2019 profit would

expense in the year 2018 were Baht 879.73 million decreased by Baht 220.49 million, or 22.57% from the previous year, mainly from the branches decreased and better cost controlled. 4. The Company’ s

million or 9.1%, in line with the growth of net written premium that rose up by Baht 76.91 million or 17.9%, when the written premium increased, associated expense grew such as commission and brokerage

mainly due to the followings: (a) Lower contribution margin recorded resulted from unfavorable model mix; and (b) Higher tax expense recorded during the 3-months period ended 30 April 2019 by Baht 2.82

which imposed a compensation package to be 400 days for those whose service years of more than 20 years, resulted in an additional expense of THB 7.73M; while 6 months figure rose by 3%. Share of profit

-O-Y or Baht 17.2 million mainly from variable expenses that rose along with revenues, annual salaries adjustment, while interest expense lower as the rate down from 4.31% in 2017 to 3.60% in 2018, and

that, operating expenses rose by Baht 5.42 million because of the increase of the amount of employee benefit obligations in according with the accounting standard. The ratio of net claim expense over