revenue from food business of Baht 6,552 million, mainly due to sluggish economic which affect consumer’s spending and closing of non- performing restaurant branches. Cost of sales Total cost of sales of

%. With regards to cost of sales and expenses for the year 2017, it is equivalent to 811.62 million THB or 84.67 % of total revenue compared to last year at the amount of 484. 13 Million THB or 84. 79

partly compensated by a gain on sales of investment amounting to Baht 116 million in 2017. Total expenses decreased by Baht 44 million as compared to last year mainly due to the following: • Cost of hotel

4.36 (0.14) -3.11 Total 456.67 448.41 (8.26) -1.81 Cost of service and sales The Company’s cost of service and sales increased by 12.13 million baht or 3.66% year-on-year to 343.65 million baht. The

22.32 13.61 8.72 64.05 The separate Financial Statement of Home Pottery Public Company Limited (“the Company”) for the year ended 31 December, 2017 showed total revenue of 170.45 million Baht. The cost of

revenues 8 9 (0.11) -1.2% Dividend revenues 335 333 1.5 0.4% Total expenses 1,718 1,858 (140) -7.5% Cost of sales 1,309 1,458 (149) -10.2% Cost of service 7 7 (0.29) -4.1% Selling expenses 218 240 (21) -8.8

cost control. Net profit ( pre- TFRS 16) declined - 23% YoY, - 6. 5% QoQ from unrealized foreign exchange loss and increasing D&A, while excluding foreign exchange effect net profit declined - 21% YoY

due to increase of export sales. 2) Cost of sales decreased by Baht 10.80 million due to sales amount increase from selling price increasing. Cost of sales ratio at 87.54% (2017 : at 89.36%) which

product return / discount paid 0.9 2.25 (1.35) (60.00) Total net sales and service income 87.08 84.85 2.23 2.63 2. Decrease in cost of sales and services by 10.00% compared to the same period of last year

changes in network OPEX ( excluding cost of TOT partnership + 10% YoY, -1.6% QoQ) and SG&A (+7.1% YoY, -2.6% QoQ) . Net profit was reported at Bt7,615mn, decreasing 5.3% YoY due to higher network and