million Baht or 99 percent, mainly due to the sluggish economy, especially in the automotive industry, coupled with the change in company’ strategy which focuses on projects with the government. 2 . The

overseas had better inform caused the gross profit from logistics services had increased from the last year 15.27% In year 2018, the consolidated financial statement includes the manufacture and distribution

2017. This improvement is a result of our strategy to focus on extensive distribution coverage, particularly in modern trades, as ICUK was able to penetrate into three of the leading modern trade

principally engaged in distribution of product and equipment, design, assembly and installation, and maintenance service of pure water treatment system; including operate clinical business which Hemodialysis

up and improve the strategy in order to gain higher sales volume throughout the year, resulting in higher sales volume from Q2 onward. The outcome of strategy improvement and cost control made NCL

goods sold 132.88 144.09 (7.79) 145.94 (8.96) 278.81 287.60 (3.06) Distribution costs and administrative expenses Distribution costs 47.18 34.63 36.24 37.54 25.68 84.73 67.99 24.62 Administrative expenses

6.35 263.45 0.77 795.64 792.27 0.43 Cost of goods sold 139.69 129.14 8.17 132.87 5.13 418.50 416.74 0.42 Distribution costs and administrative expenses Distribution costs 46.25 33.48 38.14 47.18 (1.97

respectively. The net income increased from the previous year 0.94 million baht due to the restructuring, the management and marketing strategy, making adjustments to perform better, respectively. SSK

100.00 90.56 100.00 15.72 17.36 Cost of services 99.60 93.71 92.72 102.39 6.88 7.42 Distribution cost 6.56 6.17 3.06 3.38 3.50 114.38 Administrative expenses 13.27 12.49 10.43 11.52 2.84 27.23 Financial

variety of distribution channels and nationwide coverage. Whereby Jaymart Mobile Co., Ltd operated the distribution of mobile phones and its accessories is a core company. Non-performing loans management