, at the beginning of 2018, NCL purchased some shares from a shareholder, making it the major shareholder. There was no loss in 2018. 3. In 2018, NCL had administration cost of 37.05 million Baht more

mix of lower cost structure products. Selling and Administration Expenses • Selling expenses to total revenue ratio in Q1-2020 rose by 0.06% QoQ resulting primarily from decreasing in total revenue

percent caused by the decrease of revenue, the increase of the company’s selling and administration expenses and cost recognized of service in the past for employee benefit in accordance with The Labor

million baht or 161.15% of the same period of last year. A rise in net profit was from an increase of sales, a higher in gross profit margin and a less in administration expenses and finance cost in this

control of selling and administration expenses by implementing cost reduction measures. Management Discussion & Analysis Q1/2021 Q1/2021 Management Highlights After You continues to renovate certain areas

administration cost base from business expansion period during 1Q/18 which were starting up of the office building project and the food and beverage business. Financial Cost Most of financial cost resulted from

% from selling expenses the amount of THB 59.93 million in the year 2013. The major contributions were the cost of transportation and products insurances. Administration Expenses The company’s

expenses the amount of THB 55.49 million in the year 2014. The major contributions were the cost of transportation and products insurances. Administration Expenses The company’s administration expenses for

million or by 22.29% from selling expenses the amount of THB 55.49 million in the year 2014. The major contributions were the cost of transportation and products insurances. Administration Expenses The

mix of lower cost structure products. Selling and Administration Expenses  Selling expenses to total revenue ratio in Q1-2020 rose by 0.06% QoQ resulting primarily from decreasing in total revenue