rate of some new branches was higher than average rental rate. Administrative Expenses For the six-month period ended 30 June 2017 and 2016, administrative expenses were THB 50.68 million and THB 34.73

due to the remaining excess capacity. Average headline inflation in the second quarter of 2017 is at 0.10 percent, slightly lower than a 0.30 percent rate in the same period last year and a 1.25 percent

second quarter accounted for 11% of total revenues decreased from 12% in Q2/2016. The average funding cost decreased from 3.71% in Q2/2016 to 3.44% in Q2/2017. Net Profit For the first half of 2017

company has investments in the Fixed Income Fund, Fixed Deposit Account and Bonds at total approximately Baht 172 million and the net cash flow from the business operation at average approximately Baht 4

profit per share (Baht) 0.09 0.20 (0.11) Unit : THB'000 caused gross margin of housing units in average declining. However, the Company generated gross profit of THB 586.83 million, a decrease of THB 19.87

) New product launch which incremental margin versus average actual (more than 35%) 3) New machine installation in both factories to improve production efficiency 4) New market expansion including USA

2016 Current Ratio Times 1.91 2.12 Quick Ratio Times 0.50 0.50 Average Collection Period Days 33 37 Inventory Days Days 139 182 Accounts Payable Days Days 43 46 Cash Cycle Days 129 173 Leverage

previous average level. Selling Expenses Selling expenses mainly consist of salary for the café’s staff, space and equipment rental expenses at each After You dessert café and Maygori, utility expenses, and

previous year as the average selling price increased 2.24%, while volume sold decreased 2.27% from last year. However, the Company has expanded market to industrial sector and household sector in order to

0.1 Mn or 0.5%. This was mainly due to increased average balance of short-term borrowing over the 12-month period. Tax Expenses Income tax expense increased from THB 20.1 Mn in 2017 to THB 32.3 Mn in