promotional expenses, and depreciation of asset in each branch. For 2018 and 2017, selling expenses were THB 271.02 million and THB 227.52 million respectively. Rising part of THB 43.5 million or 13.92% was

2018, The administrative expenses were THB 26.9 million and THB 47.3 million respectively which decreased THB 20.4 million or 42.2%. Rising part of THB 20.9 million was brought by reserve allowance for

74000 111 Moo 2 Tambon Thachin,Amphur Muangsamutsakhon,Samutsakhon 74000,Thailand. - 2 - The Company’s cost of sales in Q1/2018 amounted to Baht 77.95 million, rising year-on-year by Baht 35.11 million or

Thachin,Amphur Muangsamutsakhon,Samutsakhon 74000,Thailand. - 2 - 2. Cost of sales and gross profit margin The Company’s cost of sales in Q2/2018 amounted to Baht 88.41 million, rising year-on-year by Baht

amount of Baht 59.76 million increase Baht 2.11 million or 3.67%, This is an increase in raw material creditor due to the fact that the company has a rising sale trend, so it has to order more raw material

increased by 21.98 million baht or 9.61%. This was the result of rising in gains on derivatives 55.21 million baht and falling in gains on investment 35.25 million baht. 4. The Consolidated statements

significant factors were due to higher number of new launched of residential development projects as well as an increase in condominium units transfer fees which subsequently rising the marketing&selling

expenses were THB 33.80 million, increased by THB 4.30 million or up 14.58 percent compared to the same period of last year. Increases in such expenses resulted from rising salesperson and management

comparing TKS, without one-off items, Administrative expenses increased by 4.7% q-q from rising employee expenses. Admin exp.TBSPAdmin exp.TKS % Admin exp. 39 41 3 28 Q1'18 Q1'19 69 + 65.0% 12.6% 10.5% 6.2

and 27.40 million Baht respectively. The corresponding net profit margins were 5.23% and 8.51% respectively. The net profits increased with rising revenues in each period. The Company’s net profit