) 17.46% 11.09% (495.11) (520.24) 5.08% Gross profit 68.73 98.68 117.95 71.61% 19.53% 211.57 312.40 47.66% Selling expenses (16.98) (21.34) (16.26) -4.24% -23.81% (53.19) (54.12) 1.75% Administrative

) (73.0 %) (1,030.4) (70.8 %) (10.1 %) Gross Margin 341.7 27.0 % 424.0 29.2 % (19.4 %) Distribution Costs (196.1) (15.5 %) (182.5) (12.5 %) 7.4 % Administrative Expenses (72.5) (5.7 %) (91.6) (6.3 %) (20.9

related transaction. Gross Profit and Gross Profit Margin For the second Quarter 2020, the Company had gross profit by THB 181.02 Million which was increased by THB 110.50 Million or 156.69% and Gross

improvement of customer services were well implemented. The Company’s gross profit in the first quarter of 2018 was Baht 163.66 million, increased from Baht 139.31 million in the first of quarter of 2017 or

goods sold and rendering services 1,627.68 1,668.38 40.70 2.50% Cost of rendering hotel services 116.48 105.66 -10.83 -9.29% Total cost 1,744.17 1,774.03 29.87 1.71% Gross profit 994.08 1,090.62 96.54

rendering services 1,627.68 1,668.38 40.70 2.50% Cost of rendering hotel services 116.48 105.66 -10.83 -9.29% Total cost 1,744.17 1,774.03 29.87 1.71% Gross profit 994.08 1,090.62 96.54 9.71% Other income

sales costs equaled 160.8 million baht and the sales costs for 2016 equaled 154.7 million baht for percentages of 88.89 and 90.47, respectively. As a result, the Company made a gross profit of 20.1

lower other incomes; consequently, loss was Baht 2.30 million higher in 2018 even the gross margin was better. Gross margin were Baht 6.13 million or 17.97 % in 2018 increasing from Baht 5.09 million or

negative effect from strengthen THB against USD. * Note Please find further information in the consolidated financial statements. 2 Gross profit margin = Gross Profit (Total Sales – Costs of Sales) to Sales

million or an decrease of 30% compared to the profit for the first quarter of 2018 amounting to Baht 116 million. The decrease was mainly due to the lower gross profit from enterprise solutions business and