consideration value 7.1 The reference of factory 150-175 million Baht valued by estimated from various quotation of subcontractors included material , labor, subcontractors cost, others pre-operating expenses

profit margin. Selling and administrative expenses were higher than last year, due mainly to professional fees related to SGAH and higher provisions due to the changes in the Labor Protection Act. Loss on

(44.44) (56.68) Labor costs 12.30 12.18 5.69 10.53 (6.61) (53.74) Depreciation costs 4.20 4.16 4.91 9.09 0.71 16.90 Freight expenses 0.70 0.69 0.22 0.41 (0.48) (68.57) Others/1 5.40 5.35 9.26 17.14 3.86

the cost (labor cost, administration cost, equipment cost etc.) of AFS who works for subsidiaries including overseas business, and the cost is allocated to the subsidiaries of AFS group. 5. Value of

. 2. The estimation of welfares for staff of the Company and subsidiary companies increases 32.96 million THB as a result of the new Labor Protection Act announced on 5 April 2019 and enforced 30 days

expenses of the Company during this period increased by 6.1 percent mainly from higher average market fuel price and additional cost related to employee benefits according to new Labor Protection Act The

second quarter of 2019, the labor Protection Act stipulates additional compensation rates in the case of an employment termination for employees who have worked for 20 years or more to be entitled to

domestic tourists and earnings of Thai labor have declined while unemployment rate has been increasing. In addition, whilst private consumption shows some growth but limits in some areas; therefore

materials, partly offset by excise tax. Food business Food cost of sales was slightly increase from labor and utilities cost and partly offset by cost reduction of overhead expense. Selling Expenses Selling

amendment of the Labor Protection Act since 2Q19. As of September 30, 2019, Net Interest-bearing Debt to Equity decreased slightly from 0.25 times to 0.23 times as a result of lower debt and lower equity