and administrative expenses 876,828 1,114,444 2,370,976 523,122 Total expenses 3,086,743 3,114,904 4,070,684 1,453,210 Profit (loss) before finace cost and income tax expense (536,783) (1,008,565

expenses 3,086,743 3,114,904 4,070,684 1,453,210 Profit (loss) before finace cost and income tax expense (536,783) (1,008,565) (2,180,360) (222,443) Finance costs (166,022) (152,358) (173,896) (124,031

fee (total expense ratio) of equity large cap funds was around 1.76% charged by AMCs in Thailand. Fee (p.a.) Total fee Sharing on Return 0.50% 35,760 12% 1.50% 98,083 34% 2.00% 125,154 44% 3.00% 172,238

profit are the followings: 1. Underwriting expense has risen by THB 78.74 million (19.83 %). However, this follows an increase in gross premiums written (sales) of THB 116.18 million (25.6%). Whereas sales

2016 2017 DW Trading Value (Mil. THB) Index DW Trading Value (Mil. THB) Recall: Option price consists of 2 components. Intrinsic value + Time (betting) value 5 Factor Calls Puts Note Asset price (S

(27,835) - (27,835) 100 Gross Profit 48,521 32,045 16,476 192 Other Income 5,417 2,724 2,693 99 Profit before Expense 53,938 34,769 19,169 55.13 Sale Expense (5,681) (3,186) (2,495) 78.31 Administrative

promotional expense of beverage business. Administrative Expenses Administrative expenses of Q3’2018 was Baht 514 million, decreased by Baht 16 million or 3.0% from Q3’2017, mainly from reduction of personal

2,097.62 1,600.35 Selling & Administrative Expense 127.83 116.99 Finance Costs 24.24 22.96 Net Profit 101.40 (18.95) Earnings per share (Baht) 0.25 (0.047) The company will explain the cause of change as

1,947.37 2,097.62 Selling & Administrative Expense 120.12 127.83 Finance Costs 20.98 24.24 Net Profit 9.12 101.40 Earnings per share (Baht) 0.02 0.25 The company will explain the cause of change as follow: 1

-37.78% Total Income 936.78 100.00% 537.52 100.0% 399.26 74.28% Expense Cost of sales 746.55 79.69% 326.94 60.8% 419.61 128.34% Selling expenses 51.52 5.50% 57.61 10.7% -6.09 -10.57% Administrative