increased marketing expenses for example increased spending on food delivery services fees such as Food Panda. Administrative Expenses Administration costs were THB 328.6 Mn in 2016 to THB 423.5 Mn in 2017

.  Further manage down its OPEX to minimize spending.  Continue its quest for new projects with controllable risks and sustainable returns, in and beyond Thailand, targeting area’s in Energy, Eco and

material usage, higher production yield and lighter weight bottle capability. Selling and administrative expenses (SG&A) level of spending was at 23.1% of sales, in accordance with the phasing of advertising

revenue from food business of Baht 6,552 million, mainly due to sluggish economic which affect consumer’s spending and closing of non- performing restaurant branches. Cost of sales Total cost of sales of

spending more time outdoors and its strength as being a medium to create brand awareness that reaches consumers when they are on the go. For Online media, Digital Advertising Association Thailand (“DAAT

. It was still challenging for telecom sector particularly in the mobile business due to weak consumer spending and revenue loss from traveler sector due to international travel restriction. Fixed

its OPEX to minimize spending.  Continue its quest for new projects with controllable risks and sustainable returns, in and beyond Thailand, targeting area’s in Energy, Eco and Materials. M&A targets

will be generated to invest in new M&A targets.  Further manage down its OPEX to minimize spending.  Continue its quest for new projects with controllable risks and substantial returns, in and beyond

assets and sell those that are no longer useful. In doing so expenses will be reduced and cash will be generated to invest in new M&A targets.  Further manage down its OPEX to minimize spending

by Baht 94 million or 5.9% from last year, which was 1,591 million. Mainly it was from spending control efficiently due to the success of Brand investment strategy, Moreover, there was a joint