14.1% 4.0 2.4% -18.0 -81.9% Profit Before Expenses 45.2 28.9% 60.9 36.9% 15.6 34.6% Selling and distribution expenses 14.5 9.3% 14.7 8.9% 0.2 1.2% Administrative Expenses 13.5 8.7% 12.4 7.5% -1.1 -8.2

39.2% Gross profit 12.5 57.5 45.0 360.0% 33.7 169.0 135.2 400.9% Other income 10.0 1.9 -8.1 -81.0% 32.0 5.9 -26.1 -81.5% Selling and distribution expenses 14.3 10.3 -4.0 -28.0% 28.8 25.0 -3.8 -13.2

and rendering, exercise equipment rental and distribution services during the temporary studios close down have significantly helped boosting profitability and also alleviating the COVID-19 impact. In

(Thailand) Co., Ltd., capital increase, and the issuance and allocation of the newly issued ordinary shares to the specific person under the private placement basis, and the schedule for Extraordinary General

million baht or 17. 01% . The increase was due to additional of borrowing to support hire purchase loan expansion and maintained the company interest spread. For the provision expenses for the fourth

up of Allowance for Doubtful accounts and loss from investments which increased by 112.24 million Baht from last year and the increase in sales and administration cost to support the expansion of

itself and its overseas subsidiaries as well as marketing and managing expense to support existing customers. 4. Financial Cost For the year 2019, the company had financial cost of USD 29.27 million (or

Iconic Property Company Limited. 3. General Transection : To provide the financial support based on shareholding proportion by providing the loans of Baht 1.50 million increased from Baht 54.00 million to

76.06%. The decrease was due to closely monitor the debt collections and the better ability to pay of receivable accounts which support the better of overall quality account receivables. As of the end of

decrease was due to closely monitor the debt collections and the better ability to pay of receivable accounts which support the better of overall quality account receivables. As of the end of the first