for a reason of increasing in gain from exchange rate. 1.2 Cost of goods sold and expenses Consolidated (Thousands Baht) 1st Quarter Change 2019 2018 Amount % Cost of goods sold -453,166 -244,141

Expenses Selling and Administrative Expenses increase in accordance with sales. In 2017, the company’s selling and administrative expenses were 412.09 million baht increased from 341.78 million baht showed

, administrative, and others expenses was 20.99 million baht consisting of selling expenses 0.53 million baht, administrative expenses 20.46 million baht. 4. Financial expenses amount of 83.55 million baht

Expenses 12.30 30.06 13.74 2,252.46 Administrative costs (40.45) (98.85) (47.78) (7,832.79) Allowance for impairment of joint venture capital - - (29.81) (4,886.89) Doubtful accounts (90.99) (222.36) (88.24

% 1,119 0% Other payables 147,300 53% 159,241 62% 6,758 3% Accrued expenses 4,230 2% 2,087 1% 1,868 1% Other current liabilities 1,451 1% 1,120 0% 2,259 1% Total current liabilities 155,926 56% 163,583 64

. Advertisers have adjusted their budget allocation from conventional media such as TV, Newspaper, Magazine and Radio to other potential sectors to optimise communicability. Hence, advertising expenditures for

the same period of 2016 ( while utility service income increases) , is attributable to the decrease in central infrastructure maintenance expenditures during this period. ▪ An increasing participating

the previous year. Cost of goods sold to sales revenue ratio moderately climbed from 29.63% to 30.22% due to higher other costs of sales. Table 5 : Cost of Goods Sold by Type of Expenses for the Three

recorded at the time of acquisition of GLAND, which reflected the fair value of GLAND’s investment properties at that time. As a result, the depreciation and amortization expenses from those investment

inventory on lower- margins from sales. Total expenses were Baht 450.0 million, decreased by 5.9% compared to same quarter last year due to measures taken up to control expenses. As a result, the Company