Eight Thousand One Hundred Eighty Seven Thousand Three Hundred Forty Two Baht). D.T.C. Industries Plc. agreed to except Thai Japan Laboratories Co., Ltd not pay principal in the first two years. and fix

support the growth of business continuity render to these selling expenses are increase. . Administration expenses The Group has administration expenses increase from the same period of previous year Baht

brand-new company conducting the business of transportation principal equipped with its own container, formerly operating under Thai subsidiary. For Thai subsidiary, there is income and cost specifically

118.93% 1,640.08 108.45% 1,465.28 96.89% -20.76% Cost of good sold For the Year 2019 (Million Baht) + (-)2018 4 | MANAGEMENT DISCUSSION AND ANALYSIS 2019 Selling and Administration Expenses Selling

Administration Expenses 2019 % of Sale Restated % of Sale Original % of Sale % Cost of steel tower manufacturing 822.15 127.54% 1,138.08 110.86% 963.28 93.83% 16.68% Cost of sale of industrial equipment 6.68 80.53

Administration Chiang Mai University Introduction According to Jensen and Meckling (1976)’s agency theory, an audit is an agent cost that helps reduce information asymmetry between an agent and a principal

represents decreasing of 6 Million Baht (122%) from Q3/2017. The main cause for the lower net profit are occurred from increasing of selling and administration expenses, and loss on foreign exchange rates

1.01 MB or 17.18 per cent. . Administration expenses The Group has administration expenses increased from the same period of previous year at 0.26 MB or 1.29 per cent and increased from the same period

155.70 million baht, an increase of 7.71 million baht or 5.2% from last year. The gross profit margin increased from 15.69% in 2018 to 17.54% in 2019. Sales and administration cost The company recorded

selling and general administration expensed for this quarter Please be informed accordingly. Yours sincerely Mr. Panya Boonyapiwat Chairman