% Revenues from sales and rendering services 2,632.52 2,776.38 143.86 5.46% Revenues from hotel operations 105.72 88.28 -17.45 -16.50% Total revenue 2,738.25 2,864.65 126.41 4.62% Cost of goods sold and

expenses of THB 105 mil. (17.7%), while showed equal % to Sales in the same quarter of last year. Excluding TBSP THB 55 mil. (9.2%), Company’s Selling & Administrative expenses represented at THB 50 mil

/2018 YoY 9M/2019 9M/2018 YoY Mio. Mio. % Mio. Mio. % Gross profit 792.5 754.5 5.0% 2,333.2 2,179.4 7.1% Sales promotion income 94.2 52.1 80.8% 236.5 196.7 20.3% Selling Expenses 228.8 263.0 -13.0% 687.0

4,456.14 100.0 (306.74) (6.9) Cost of sales 3,442.03 83.0 3,754.42 84.3 (312.39) (8.3) Gross profit(1) 675.77 16.4 677.27 15.3 (1.51) (0.2) Selling and administrative expenses 484.33 11.7 498.65 11.2 (14.33

the last year as follows (1) Revenue from sales of program rights increased 23.07% (2) Revenue from advertising and media services decreased 22.33% and (3) Revenue from sales of products increased 95.65

each operating segments for the year ended 31 December 2019 of the Company and its subsidiaries had changed from the previous period of last year as follows (1) Revenue from sales of program rights

percent or 165.0 million baht, from reducing production cost of print media and magazines to comply with sales changes. Consolidated selling expenses for the year ended 31 December 2018 was 154.0 million

from last year. The main reasons were as follows:- 1. The consolidated sales increased by Baht 169.06 million or 5.66% due to the company recognized project income of Baht 187.42 million in percentage of

magazines’ production cost to suit the changing sales. Consolidated selling expenses for the year-ended 31 December 2019 was 136.9 million baht compared to 144.6 million baht the same period last year

million decreased by Baht 49.46 million or 54.73% from the same period of last year. The main reasons were as follows:- 1. The consolidated sales decreased by Baht 29.45 million or 2.06% because sales of