have made the company a high selling expense. The main costs are as follows. Expenses Jan – Dec 2017 Jan - Dec 2016 Increase(Decrease) Mimmion Baht Percent 1. cost of employee 48.05 43.43 4.62 10.64 2

which have not yet recovered. The high liability affected the expense atmosphere to be sluggish. Cost of goods sold was 641.29 million baht or equivalent to 50.31% gaining from sales revenue which it

yet recovering. The high liability affected the expense atmosphere to be sluggish. Cost of goods sold was 167.05 million Baht, it has reduced by 3.57 million Baht or equivalent to 2.09%, compared to the

Audit Committee Board of Directors and Audit Committee have examined together that in the past 1-2 years, the joint venture company has lost operating results. One of the reasons is high interest expense

interest expense which the interest rate is approximately 9-10 percent per year. Moreover, the management structure is not appropriate; therefore, the joint venture company has high unnecessary human

have problem on purchasing power and incomes which have not yet recovered. The high liability affected the expense atmosphere to be sluggish. Cost of goods sold was 148.96 million baht. It decreased

closed down the branch at the end of May 2018, terminating such high expense since quarter 2/ 2018. Administrative Expenses (Admin.) Quarter 3/ 2018 The Administrative Expenses in Q3/ 2018 and Q3 /2017 was

/ from Baht 423 million in Q3’2018 to Baht 220 million in Q4’2018, primarily due to 1) seasonally softening demand from IUs during the holiday period, 2) seasonally high expense, 3) a 4.6% increase in gas

Don Mueang Branch incurring high cost compared to revenues. The company closed down the branch at the end of May. This will put an end to such high selling expense. Administrative Expenses (Admin.) Apr

not revised the past financial statements which incurred high depreciation expense causing the new depreciation value to be lower. The effect from changing the estimated useful lives towards the