compared to 2017. The Company had total sales and administrative expenses of 3,674 million Baht (42% of total revenue), a decrease of 2,282 million Baht or 37% as compared to 2017. This comprises of (1) cost

revenue from hotel management was THB 53 million, a decrease of 1.9% yoy, mainly due to the decline in the UAE’s hotel performance from room supply in the market being over the number of visitors. Dusit

the Capital Market Supervisory Commission No. Tor Chor 21/2551 Re: Rules on Connected Transactions and the Notification of the Board of Governors of the Stock Exchange of Thailand (SET) Re: Disclosure

, 2020. To : The President and Governing Members of The Stock Exchange Market of Thailand For the first quarter of 2020, Real estate transfer activities of condominium and house totaled 3,393.9 million

Maleenont, who is the director and the major shareholder of the Company (“Transaction”). The disposal of shares of TSE pursuant to the Notification of Capital Market Supervisory Board No. Tor. Jor. 20/2551 Re

; U ;:34 @A. " TCR .4=: 54U "B01SR8;7!6.TA = 6: 5 U ;:34 @A. " A( TCR +( 'F- A(* ".* 2 #H * #H O O# N"* ,( TCR , Underlying * #H/$ ' &*-,* ".$ * *$ * &3$"% TCR &' Market Marker ' /*N

Criteria used to determine asset selling price is referred to the appraisal of the following 3 independent appraisers having the market approach as the method of valuation since it can be traded in property

price lag in HVA fibers and normalizing IPA margins.  Production increased 14% YoY to 2.7 million tons especially from new assets in Brazil and Portugal.  Higher crude oil prices and raw material cost

.2535 (1992), as well as a disposal of assets of the Company pursuant to the Notification of the Capital Market Supervisory Board No. TorChor. 20/2551 Re: Rules on Entering into Material Transactions

1,221.6 81.8% Share of Profit from Investments in Associates and JVs 491.3 693.3 202.0 41.1% Total Cost 773.7 1,248.6 474.9 61.4% Gross Profit 603.8 1,314.7 710.9 117.7% Net Profit 334.5 972.4 637.9 190.7