Microsoft Word - SET-LT001_IM_WOG ITR_EN WIIK & HOEGLUND PUBLIC COMPANY LIMITED 90 CW Tower A T + 66 (2) 6128600 Business ID 0107538000151 35th Floor, Ratchadapisek Rd. Huaykwang, Bangkok 10310 F

(554) (591) 36 -6% (449) (478) 29 -6% Gross Profit 193 116 77 66% 119 93 26 28% Other Income 3 51 (48) -93% 23 31 (8) -25% Distribution costs (88) (90) 2 -2% (72) (62) (9) 15% Administrative expenses (81

2020, the Group had distribution costs of 62 million baht, decreased 26 million baht. 30% compared to the same period last year. The decrease in expenses from decrease employee expenses , travelling

% Other Income 115 77 38 49% 88 104 - 16 -15% Distribution costs 359 311 48 15% 276 266 10 4% Administrative expenses 594 650 - 56 -9% 441 509 - 68 -13% Finance cost - Interest expenses 49 41 8 20% 34 28 6

term of expenses, Absolute Yoga could reduce staff costs and studio rental fee from negotiations and support from the government; however, there was special expenses from closing two studios. Therefore

% Other Income 24 9 15 167% 36 19 17 89% Distribution costs (93) (97) 4 -4% (76) (77) 1 -1% Administrative expenses (134) (139) 5 -4% (127) (113) (14) 12% Finance cost - Interest expenses (13) (11) (2) 18

, resulting in higher costs while revenue is gradually recognized as per accounting standard. 2. Total expenses decreased by Baht 79.82 million or 226% mainly from the reversal of allowance for impairment loss

million or 29% of total revenues. Selling and administrative expenses decreased by THB 30.74 million, financial costs decreased by THB 19.37 million and share of profit from associates and joint ventures

Microsoft Word - MDA Q1 2019 SET Eng 1/2 L-WAVE ENT 15/2019 15 May 2019 Subject : Management’s Discussion and Analysis for the first quarter 2019 operating results that varied more than 20% compared

continue to generate revenue to the company. The operating expenses will also go down from the rental fee decrease in most studios during the temporary close down, coupled with the reduction in staff costs