12.92 Profit before finance cost and income tax 82.68 45.90 36.78 80.14 Finance cost (12.90) (16.65) (3.75) (22.54) Profit before income tax 69.78 29.25 40.53 138.58 Income tax (14.10) (6.08) 8.02 131.83

190.47 57.95 30.42% Other income 15.24 16.95 (1.71) (10.09%) Profit before expenses 263.66 207.42 56.24 27.11% Selling expenses (22.79) (18.70) 4.09 21.87% 6 Administrative expenses (149.44) (131.08) 18.36

expenses, Cost of services and the administrative expenses, were totaled Bt2,270.7 million, an increase of Bt80.9 million or 3.7%(y-o-y). The profit from operations before finances cost and taxes (EBIT) in

period before starting the operation. NCL USA expected higher profit in the future. In July 2018, NCL Singapore, a subsidiary of NCL, established 3 following subsidiaries, operating the business of

624.93 585.38 39.55 6.76 Selling expenses and administrative expenses 447.41 408.64 38.77 9.49 Selling expenses 217.44 187.00 30.44 16.28 Administrative expenses 229.97 221.64 8.33 3.76 Earnings before

fee. Total expenses, Cost of services and the administrative expenses, were totaled Bt2,270. 7 million, an increase of Bt80. 9 million or 3. 7%(y-o-y) . The profit from operations before finances cost

). The profit from operations before finances cost and taxes (EBIT) was of Bt495.3 million, increasing by Bt27.1 million, or 5.8%(y-o-y). Representing operating profit margin before finances expense and

235.79 10.09% 134.08 119.56 12.14% (%) 9.30% 9.43% (0.13%) 6.41% 5.83% 0.58% 9. Profit before interest and income tax (million THB) 451.77 382.61 18.08% 351.50 333.69 5.34% (%) 16.19% 15.31% 0.88% 16.80

% 0.05 0.27% 0.00 0.00% Administrative expenses 6.83 37.37% 5.33 29.30% 1.49 27.97% Total expenses 11.64 63.75% 9.99 54.92% 1.65 16.52% Profit before finance cost and income tax expenses 6.62 36.25% 8.20

(12.16) (9.99) (13.27) (12.99) (1.11) (8.39) Financial cost (0.12) (0.10) (0.21) (0.21) (0.10) (44.96) Profit (loss) before income tax expenses (7.64) (6.27) (13.36) (13.08) (5.73) (42.86) Income tax