31.60 Gross profit 60.32 23.51 75.01 22.50 14.69 24.35 Other income 2.92 1.14 4.49 1.35 1.57 53.66 Profit before expenses, finance cost and taxes 64.18 25.01 80.53 24.16 16.35 25.47 Distribution costs

approve the Company’s Financial Statements for the year 2018 ended 31 December 2018. 2. It is appropriate to propose to the AGM to approve the abstention from the distribution of dividends from the

355.9 10.3% Total Cost 1,528.4 2,614.2 1,085.8 71.0% Gross Profit/2 1,802.9 1,074.0 (729.0) (40.4%) Net Profit 779.9 406.6 (373.3) (47.9%) Normalized Total Revenue/3 3,196.4 3,708.8 512.3 16.0% Normalized

mixed commercial project such as distribution center, industrial zone and warehouse, in order to make the connection support between each business sectors, and utilize the area for the highest efficiency

% Finance cost 35.09 41.36 6.27 17.87% Income tax expenses 37.04 42.24 5.20 14.04% Net profit 139.02 150.12 11.10 7.98% Net profit ratio (ROS) 19.92% 17.25% Earnings per share (Baht) 0.26 0.28 0.02 6.92

in the country in April. This significantly limited distribution channels for the Company’s customers and they delayed their purchase orders of the Company’s products. Consequently, domestic sales fell

market in the country last April. This caused problems for distribution channels of the Company’s customers, as they had to postpone their purchase orders of the Company’s products. As result, domestic

sales of the Group Company consists of costs of services and rental from services and development of renewable energy projects businesses, and cost of sales from electricity generation and distribution

49.34 17.69% Finance cost 49.11 68.10 18.99 38.67% Income tax expenses 48.04 57.52 9.48 19.73% Net profit 181.71 202.58 20.87 11.49% Net profit ratio (ROS) 17.16% 15.74% Earnings per share (Baht) 0.34

Analysis of the Company’s Performance for the year ended December 31, 2019 Baht Million 2018 2019 +/(-) +/(-) % Total revenues 1,422.61 1,710.75 288.14 20.25% EBIT 354.24 412.93 58.69 16.57% Finance cost