17.36% down from 2017 due to higher operating expense from new further processing factory which was not reach target utilization in the first half of 2018. Financial Cost Financial costs of the group

) Q2.2018 Q2.2018 Increase/(decrease) % Income Income from Sale of Goods 86,805 96,061 (9,256) (9.64) Income from Sevice 54,488 - 54,488 100 Cost of Sale of Goods (64,937) (64,016) (921) 1.44 Cost of Service

have made the company a high selling expense. The main costs are as follows. Expenses Jan – Dec 2017 Jan - Dec 2016 Increase(Decrease) Mimmion Baht Percent 1. cost of employee 48.05 43.43 4.62 10.64 2

14,195.4 13,797.5 +2.9% 12,448.8 +10.8% [ Sales Revenue, USD $420.4 $394.0 +6.7% $364.9 +7.9% ] Cost of Sales 9,933.1 8,985.0 8,535.0 Gross margin, (%) 30.0% 34.9% 31.4% Selling&Administration 1,817.6

same period of previous year. The amount increased were mainly driven by the rise in personnel expenses, rental cost, maintenance cost, and marketing expense. However, SG&A as a percentage of sales has

arising in 2018. This, then, make a higher cost of utility service in 2018 than this year. ▪ A decreasing administrative expense in Q1/2019 compared with those in Q1/2018 comes mainly from the 28.69-million

that bolstered purchasing power. Government expenditure also plays important role in sustaining the economy with fixed expenses continuing to expand in comparison to the same period last year, especially

higher cost of goods sold. Administrative and Selling Expenses Selling, general, and administrative expense as a percent of sales increased slightly to 12.9% in 2018 compared to 12.8% the previous year

%) (11.46) (0.57%) 100.37 875.83% Total Cost (849.78) (59.46%) (1,119.43) (55.97%) (269.65) 24.09% Gross Profit 579.51 40.55% 880.76 44.03% 301.25 34.20% Selling Expense (256.71) (17.96%) (207.62) (10.38

, following continuation in handset-bundled campaigns. Cost & Expense In 2Q19, cost of service was Bt20,170mn increasing 5% YoY and 1.8% QoQ following 4G network investment. Regulatory fee was Bt1,462mn