extraordinary item from the sale of unused land of Baht 46.31 million and the provision for employee retirement benefits from 300 to 400 days of Baht 18.87 million had not been included, the net profit of the

operating cost and asset quality management, along with better information and IT systems through appropriate structures and tools, as well as human resource management that focuses on employee development

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ended June 30, 2018 The Thai economy in the second quarter of 2018 gained further traction from the first quarter. The ongoing economic rebound was mainly driven by exports and tourism, whereas domestic spending and investment only gradually picked up. Still, the economy has yet to see strong across-the-board growth. The business sector remained challenged by new modes of competition...

THB 25.37 million, a THB 1.27 million or 5.26% increase from the previous year (2017: THB 24.10 million). Administrative expenses mainly include salary, employee and management benefits, office rental

million Baht or 7.61%, came from employee and asset depreciation. 2.3 Net profit (loss) The Company accounted for a net profit of 103.65 million Baht, profit increased 60.74 million Baht compared with the

employee cost 35.01 6.03 22.99 4.50 (12.02) (34.33) Freight expenses 14.02 2.41 6.46 1.27 (7.56) (53.92) Others/1 20.59 3.54 25.38 4.97 4.79 23.26 Total selling expenses 580.91 100.00 510.49 100.00 (70.42

market. In addition, there were records of the doubtful debt of the long trade receivables, the employee expenses such as bonus and the provision for penalty on project delay. Therefore, comparing the

Groups’ expense on salary and employee benefit, audit fee, advisory fee, advertising and IR related to IPO in January 2019 has increased 13.91 Million Baht compare to the last year. tel:02-455-2888 บริษัท

ended 31 December 2018 2019 THB mm % THB mm % THB mm % Advertising and promotional expenses 455.66 89.26 372.26 86.19 (83.40) (18.30) Sales employee cost 22.99 4.50 34.63 8.02 11.64 50.63 Freight expenses

plan with Bangchak Petroleum Plc. was of Bt11.5 million. 2.2.5 The Employee benefit obligations was of Bt939.3 million according to Labor Protection Laws as TAS no.19 on employee benefits. 2.3