marketing expenses. As a percent of total revenue, selling expenses remained stable at 3.4% during both 2017 and 2018. Administrative Expenses Administration costs increased from THB 423.5 Mn in 2017 to THB

percent as a result of sales decrease in Singapore , China and the UK. Although, the Company incurred the increased selling and administration expenses a main reason was the increase of the rents of the

the same period of 2019. Administrative Expenses In the 2nd Quarter of 2018 and 2019, administration costs increased from THB 105.0 Mn to THB 117.9 Mn respectively, an increase of THB 12.9 Mn or 12.3

Administration Expense 63.31 16.4 45.08 17.9 18.22 40.4 Profit before finance costs and income tax 46.25 12.0 30.63 12.2 15.63 51.0 Finance costs (0.03) (0.0) (0.16) (0.1) 0.13 (78.9) Profit before tax 46.22 12.0

period of 2019. This increase was mainly due to switching towards more cost-effective marketing channels. Administrative Expenses In the 3rd Quarter of 2018 and 2019, administration costs increased from

Having joined SEC since 1999, Assistant Secretary-General Archinee Pattamasukhon holds a bachelor’s degree in Business Administration (Finance), the University of the Thai Chamber of Commerce

the selling and administration expenses from the same quarter of the previous year by THB 28. 1 million ( equal to 3. 9 percent) . A main reason is to the increase of the staff cost resulting from the

and General Administration Department, the Human Resources Department, and the Organizational Risk Management and Governance Development Department. Her appointment will become effective on 16 May

In year 2017, the administration expenses was Baht 53.24 million compare with the previous year amount to Baht 54.50 million, decrease by Baht 1.26 million or decrease 2.31%, because the company has

calendars that were distributed to customers, causing such expense in this quarter while there was none in last year. 2.3. Administration expenses had no significant changes for the 3-month period ended March