Tax Expenses 88.9 6.7 % 157.0 11.9 % (43.4 %) Income Tax Expenses (8.4) (0.6 %) (5.3) (0.4 %) 58.3 % Net Profit : Owners of the Parent 81.3 6.2 % 151.7 11.5 % (46.4 %) 1st Quarter (January - March

other operating expenses 2,462,203 2,060,064 402,139 19.5 Impairment loss on loans and debt securities 484,520 433,670 50,850 11.7 Profit from operating before income tax expenses 1,494,151 1,844,833

) SHARE OF LOSS OF INVESTMENT IN JOINT VENTURES ON EQUITY METHOD (0.57) (4.39) - - (0.57) (4.39) INCOME BEFORE TAX 4.51 12.28 6.25 84.10 10.76 96.38 INCOME TAX INCOME 0.56 0.39 - - 0.56 0.39 NET PROFIT FOR

211.20 Total Expenses 249.88 154.53 33.92 137.72 215.96 636.67 Earning Before Tax (88.18) (54.53) (9.29) (37.72) (78.89) 849.19 Income Tax 4.90 3.03 (0.07) (0.28) 4.97 Total Loss for Period (83.28) (51.50

million increased from last year by Baht 2.44 million (2018 : profit amounting of Baht 1.19 million). 6) Fair value adjustment for land – net of income tax amounting of Baht 479.52 million. 15th Floor

ended December 31, 2018 and deferred tax assets increased by Baht 52.17 million due to such investment in available-for-sales securities prices were decreased. Liabilities As at 31 March 2019, the Company

accounts (reversal) 0.00 0.10 0.00 0.10 Other expenses 104.05 (4.44) 114.69 (5.42) Total expenses 340.28 (79.97) 341.48 (82.98) Profit (loss) before income tax (63.37) (113.33) (63.82) (111.88) Income tax

Profit before share of profit (loss) from investments in associated companies, finance cost and income tax expenses 421.30 437.57 (16.27) (3.72) Share of profit (loss) from investments in associated

recorded gain on fair value adjustment of investment due to reclassification in the amount of Baht 2,334 Million, net of corporate income tax. 5. The progress of the MRT Blue Line Extension Project At the

tax were Baht 378.7 million (Q2/2018: Baht 380.1 million) which decreased by Baht 1.4 million or decreased by 0.4 percent. Management discussion and analysis are detailed as follows: In Q2/2019, the