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

expense 407.36 442.90 35.54 8.72% Income tax expense 86.24 89.37 3.12 3.62% Profit for the period 321.11 353.54 32.42 10.10% Profit attributable to: Non-controlling interests -2.64 0.76 3.40 -128.78% Owners

) Financial costs (0.14) (0.34) (0.68) (111.47) Share of loss of joint venture (107.17) (261.90) (89.50) (14,672.13) Total expense (285.27) (697.14) (433.67) (71,093.44) Loss prior to income tax (272.97

, decreasing by 8.8 million Baht or 43% from prior year due to the decreasing in promotion expense and employee expenses. 8. Administrative expenses For the year 2019 and 2018, the Company had selling expenses

11.34 17.34 6.00 52.92% Selling expenses 191.18 182.01 -9.17 -4.80% Administrative expenses 386.17 457.10 70.92 18.37% Finance costs 20.71 25.95 5.24 25.33% Profit before income tax expense 407.36 442.90

improvements in productivity, we achieved a gross profit of 281.47mb (2018: 237.71mb), an increase of 43.76mb or 18.4%. Selling and Administration expense Selling and administration expense ( “ SG&A” ) closed at

%. This was mainly due to the increased employees at the Company’s head office to support the increase in number of new branches. In addition, the Company recorded the expense for the annual staff seminar

period of previous year amount to Baht 1.35 million, decrease Baht 0.89 million or decrease 66.21%, since the company repaid the loan cause this expense has been reduced. 7. Share of profit (loss) from

amounting of 28.92 million baht. - Finance costs consist of interest expense and banking fee of 11.60 million baht, a decrease of 1.99 million baht or 14.68 percent decrease when compared to the same period

from reversal of inventory reserve for year 2016 from the selling inventory which already recorded inventory reserve, personnel expense to support business expansion, expense related to SET compliance