% 11.2% 0.9% In September 2018, the Company completed divestment of Interactive Communications – a subsidiary of the group - and booked gain on sales of investment of THB 12.3 million before tax. As the

million resulted from the Company had drawdown a short-term loan for purpose of increasing working capital commencing in 1st Quarter 2019.  Gain from exchange rate The Company had recorded gain from

acquisition is a strategic step for MACO to gain control over PBSB, enabling us to maximise the selling capacity of PBSB’s network and develop marketing channels in oversea markets efficiently. This transaction

, significantly increasing from the same period last year due to higher operating EBITDA, as a result of hotel business expansion and gain from exchange rates • Reported net profit of THB 393mn (compared to a net

businesses3. In addition, in this quarter, there were one-time revenue recognitions from sale of land awaiting for development THB 89.1mn and gain on loss control of investment in a subsidiary THB 2.9mn. In

and Services 1,205.80 99.70 1,160.28 99.58 45.52 3.92 Gain on Sales of Fixed Assets 0.02 - 1.95 0.17 (1.93) (98.97) Gain on Foreign Exchange Rate - Net 1.78 0.15 - - 1.78 100.00 Other Revenue 1.78 0.15

foreign exchange, deferred income tax, and lease income 2,475 3,046 13 22 2,488 3,068 (580) (19%) Deferred income (expense) tax (197) 25 - 1 (197) 26 (223) (100%) Profit (Loss) before the effects of foreign

the Revenue Department’ s challenge for the company to pay the withholding tax on revenue sharing ( see Note 20 on Contingent Liabilities). Net FX gain was Bt12mn, compared to Bt41mn in 3Q17 and Bt106mn

income from loans to Sansiri JV and a gain on sale of assets. Total consolidated expenses amounted to THB 1,977mn in 3Q 2018, a decrease of 8.3% YoY or THB 179mn. During the quarter the Company recorded a

%) Profit (loss) before income taxes (174.5) (10.0%) (597.5) (51.9%) (422.9) (242.3%) Income tax expenses (27.3) (1.6%) 21.8 1.9% 49.1 179.6% Profit (loss) of the year (201.9) (11.5%) (575.7) (50.0%) (373.8