longer continue operating this business from September 1, 2018 onwards. 2. Costs and expenses for the year ended 31 December 2019 decreased 21.67% compared to the same period of 2018. The main reasons were

expenses down 4% Y-O-Y or Baht 8.2 million mainly from the effectiveness of all SG&A expenses controls and the reduction of revenue -related variable costs despite an increase of Baht 2.5 million in pre

expenses down Baht 36.4 million Y-O-Y mainly from the reduction of revenue -related variable costs, travelling and marketing – related expenses due to the impact of Covid -19 pandemic; - and a higher CIT

in numbers of e-book sold. 2. Costs and expenses for the three-month period ended 31 March 2020 total of Baht 31.04 million increasing of 26.69% compared to the same period of 2019. The main reasons

services mainly for agricultural and food products that have still been continuously necessary even amid the pandemic. Costs and Expenses • The Company reported the consolidated costs and expenses for Q1

) -50.41% (202.10) -52.36% (18.23) -9.0% Gross profit 180.89 49.59% 183.87 47.64% (2.98) -1.6% Other income 0.72 0.20% 2.86 0.74% (2.14) -74.9% Distribution costs (77.31) -21.20% (88.97) -23.05% (11.66

assumed that the Company could handle more effective at controlling employee’s remuneration, traveling expenses, and infrastructure expenses. Financing Costs The financing costs of financial institutions

period of 2019. This increase was mainly due to switching towards more cost-effective marketing channels. Administrative Expenses In the 3rd Quarter of 2018 and 2019, administration costs increased from

previous year. The majority of the Company’s expenses came from employee benefits expenses, fee and service expenses, and finance costs, as follows: 2.1 Employee benefits expenses The Company’s employee

profits stand at 31.43%, down from 34.90% due to foreign exchange fluctuations and the increase in energy costs. Total expenses were Baht 1,990.21 million, decreased by 4.46% and net profits reported at