Expenses Selling and administration expenses in Quarter 2/2018 increased of Baht 11.8 million or 7.2%, as result of selling deposits for land expenses, training and system development expenses. Other

Performance and Financial Position Analysis 18 4.1 Operating Performance 18 4.2 Financial Position Analysis 24 4.3 Loans and Deposits 26 4.4 Treasury Operations 29 4.5 Capital Requirements 30 4.6 Credit Ratings

. The administration expense of first quarter of 2020 was 9.72 million baht reduced by 2.12 million baht or 17.89 %, compared to the same period of 2019 which was 11.84 million baht. The administration

3.4 Service Channels 13 3.5 Awards and Commendation 16 4. Operating Performance and Financial Position Analysis 17 4.1 Operating Performance 17 4.2 Financial Position Analysis 23 4.3 Loans and Deposits

Administration Expenses Selling and administration expenses in Year 2018 increased by Baht 49.0 million or 7.4%, as result of human resource and IT system development and internal control of subsidiaries

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

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

/2017 due to increasing of feed cost. Selling and Administration Expenses Selling and administration expenses in Quarter 3/2018 increased of Baht 7.5 million or 4.5%, as result of IT system development

thus significantly reduced the cost of sales and administrative expenses . Overall gross profit margin improved to 42.3% from 30.7% in 2018 Selling and Administration expenses The Company recorded