, JP Insurance. Cost of Services and Gross Profit The Company incurred cost of services for the first quarter of 2019 equal to 197.2 million Baht higher than the first quarter of 2017 30.1%. This was

three-month period financial statement ended March 31, 2019, the Company recorded higher Administrative expenses than the Administrative expenses in the same period ended March 31, 2018. In Q1/2019 the

time and generated higher yield when compared to bank deposits. However, Asia Capital Group Public Company Limited has already returned THB 100 million promissory notes to the Company since 1 April 2019

mainly due to the followings: (a) Lower contribution margin recorded resulted from unfavorable model mix; and (b) Higher tax expense recorded during the 3-months period ended 30 April 2019 by Baht 2.82

percentage point lower at 13% in Q219 down from Q218 at 14% due to higher higher labour and salaries expenses 1% . Page 1 of 3 Operating Profit Analysis Year‐on‐year operating profits, were 18% lower at THB

. However, cost of goods sales to revenue ratio decreased 50.43 % from previous year to 50.17 %. It came from the sales of low-cost merchandise which was in higher portion. Total cost of sales and

increased from the 2nd quarter of last year of 95.17% and increased from the last quarter of 105.83% .Such high cost was resulted from low productivity and higher procurement cost of raw material. 3. Selling

net profit which was lower by 99% from the same period of last year, which was affected by substantial less contribution from shares of loss as well as higher expenses. Please be informed accordingly

able to achieve higher collection efficiency and cost control management.  The Company purchased bad debt from financial institution in Q1/2018 1,017 million Baht.  The Company’s Interest Bearing Debt

Company had higher revenue from sales but the Company had an increase in expenses of 224.36 million Baht in the quarter 1/2018, from the quarter 1/2017 the expenses were 187.85 million Baht, representing an