budgeting control for ICUK’s operation and lower international football sponsorship fees, which compensating the higher financial expenses and corporate income tax expenses as mentioned above. Net profits

compensating the lacking in sales and gross profit of other business which might affected by unfavorable economic and industry conditions. Combining two business, gross profits of the branded products by 3rd

admin expenses as a results of budgeting control scheme for ICUK’s operation coupled and lower international football sponsorship fees, which compensating the higher financial expenses and corporate

improving overall gross profit margin, the declining selling and admin expenses which compensating the higher financial expenses and corporate income tax expenses as mentioned above. In 1H/2019, net profits

consumer goods and alcohol beverage generated incremental sales and gross profit. Gross profit from these two categories amounted to THB 210 million up by THB 142 million compensating the performance of

significant impact on the investors’ decision making, and provides reasonable grounds for not disclosing such information in the registration statement, or that other compensating actions have been sufficiently