modification of some on-going projects as required by customers. 3. The Group’s selling and administrative expenses for the 2nd quarter of 2017 and 2016 were Baht 28.07 million and Baht 25.72 million

stemmed from the decrease in sugar prices and cost of production. Since the 1st quarter of 2017, the Company had been relocating its production lines of sauces and condiments to the new factory, such

for milk and yogurt segment and also the production cost of painting segment was higher owing to production efficiency, quality cost during the early stage of new model mass production and modification

, and the office was relocated to support the expansion, resulting in cost of relocating and writing off existing office improvements. There was no such expense in this year, which made the Group's

cost from relocating some product from the old production line to the new one; 4) higher excise tax as well as sugar tax following the Excise Act, B.E. 2560, effective since 16 September 2017; 5) higher

restaurant’s operational expenses were lower due to outlet modification as mentioned above. Net Profit Although our business was impacted by COVID-19 pandemic, the company reported positive net profit at Baht

performance of Boonterm kiosk with the ARPU management more than 5% of growth from 2017 and relocating the kiosks from the area that generate low income to the new area that generate higher income. As well as

number of kiosks, which the total of 129,208 kiosks covering all area nationwide. The Company's strategy continues to emphasize on efficient location and allocation strategies by relocating the kiosks from

current total is 130,109 kiosks, increasing 9.2% YoY, and it slightly increased due to relocating kiosks scheme, which the kiosks are removed from the area that generate low income to the new area that can

segment. Moreover, the production cost of painting segment was higher owing to production efficiency and quality cost during the early stage of new model mass production. There was also the modification