from reversal of inventory reserve for year 2016 from the selling inventory which already recorded inventory reserve, personnel expense to support business expansion, expense related to SET compliance

426.73 million compared to the same period of the previous year resulting from the increasing of market share and the expansion of business area. 2. Total expense for the 1st Quarter ended 31 March 2020

employee corresponding to the expansion of the company, expense on hiring of independent specialists such as external auditor, internal auditor, and legal and accounting advisors, remuneration for directors

expenses and employee expense from business segment expansion. Summary of Financial Statement of Positions 30-Jun-18 31-Dec-17 Change %Change Assets Cash and Cash Equivalents 17.8 6.0 11.7 194.4% Trade and

, which was in line with the yearly salary base adjustment and the rising number of employees in tandem with business expansion, and also by employee benefits expense, cost of training and seminar, IT

year. In addition, the company invested in warehouse to support business expansion and to partially reduce rental expense. In Jiangsu China, the company purchased machine and equipment to support

. This was primarily due to the Company’s business expansion which incur higher expense as well as extra expanses for new subsidiaries that operating commercial real estate business and food and beverage

expenses, and other selling expenses such as marketing and promotional expenses, and depreciation of asset in each branch. In Quarter 1/ 2019 and Quarter 1/2018, the Company incurred selling expense totaling

Human Resources related expense, maintenance expense of the Hydrogen Production Unit, Marketing Business’s new product promotion expense and Non-Oil expansion expense, also a higher depreciation expense

Profit from Operation was Baht 139.3 million, a 1.7% decrease from Baht 141.8 million in 2Q2018 due to the higher depreciation expense from the expansion pipeline system. In 1H2019, Gross Profit from