advertising of new projects in 2017 and the increase of sales promotion. - Administrative Expenses in 2017 amounted 676.54 million baht increased by 193.21 million baht or 39.97% compared to 483.33 million baht

above. This transaction is also considered as business promotion with is reasonable and beneficial to the company. Anyhow, the Audit committee had no different opinion from the Board. Please be informed

million Baht, increasing from the same period of previous year which had a selling and administrative expenses of 27.21 million Baht, mainly due to the sales promotion expense for product distribution in

29.41 million decreasing from last year 41.48%. 3) Selling expenses decreasing from last year amounting of Baht 3.66 million or 17.90% due to local transportation charge and local selling promotion

gross margins than fashion segment (2) the increase in sales discounts given to customers in connection with promotion, partially offset by the decrease of the gross profit margin from rental and

. Sales decrease factors: (D) The delisted of bakery business under brand "a smile" since June 2019 (E) Decreasing of ready to drink Green tea for export sale from an aggressive promotion from key

increase of selling, advertising and promotion expenses to accelerate revenue recognition for ready to move- in projects and to increase sale for the projects under construction. Moreover, the Company has

selling through agents was higher, transportation cost for distribution in both domestic and international market, sales promotion expense for exhibition In Philippine. All cost of distributions is incurred

177.52 million, increased by Baht 147.33 million or 488.01%, resulting from commission expenses form network marketing business and the one-time expense for the year 2019.For example, this promotion

promotion for the business of distribution of boats and minibus made by aluminum. 4. The financial position of the Company and its subsidiaries as at 31 December 2019 total assets of Baht 3,837.93 million