between the price or value of goods or variable specified in the contract and the price or value of such goods or variable prevailing at a given time or any interval in the future as specified in the

-O-Y or Baht 17.2 million mainly from variable expenses that rose along with revenues, annual salaries adjustment, while interest expense lower as the rate down from 4.31% in 2017 to 3.60% in 2018, and

/2018; 2. SG&A including Interest expenses up 10% Y-O-Y or Baht 19.8 million mainly from variable expenses that rose along with revenues, annual salaries adjustment, and a higher CIT of Baht 2.0 million

expenses down 4% Y-O-Y or Baht 8.2 million mainly from the effectiveness of all SG&A expenses controls and the reduction of revenue -related variable costs despite an increase of Baht 2.5 million in pre

expenses down Baht 36.4 million Y-O-Y mainly from the reduction of revenue -related variable costs, travelling and marketing – related expenses due to the impact of Covid -19 pandemic; - and a higher CIT

in goods deliveries for part of the above-mentioned projects to Q4/2019; - SG&A including Interest expenses were down Baht 6.9 million Y-O-Y on lower variable expenses relating to performance; - CIT

the contract (physical delivery), or a party may make cash settlement where the cash difference between the exercise price and the market value or price of the underlying asset or variable at a time or

the said provision Baht 23.7 million), annual salaries adjustment but lower variable sales –related expenses; - and a lower CIT Baht 7.7 million Y-O-Y. Yours sincerely, Mr. Anant Kittivittayakul

1,471.82 Million Baht which variable from sale volume  Cost of service as amounting of 959.89 Million Baht or 107.16 Million Baht increased (12.57 percent) when compared to same period of previous year of

million baht to 107.25 million baht, increased 12.98 million baht or 13.77 percent, was mainly by the increased in variable trading volume of the securities business, derivatives business, proprietary