only THB 0.08 million. (2) Decrease in tax and penalties due to the company incurred tax and penalties provision in the first quarter of 2017, however, the Company fully settled such provision in the

allowance during the year for subcommittee (only for independent directors) which was approved in Extraordinary Shareholder’s meeting on August 28, 2017, resulted to an increased in expenses in this period. K

first quarter of year 2019, the Company launched only 1 branch of beauty service (LDC Esthetics). Tourism revenues Baht 0.01 million decreased Baht 3.19 million or equivalent to 99.80% because the Company

expenditure and investment in state enterprises compared to the same period of last year. The reasons are not only regular expenditures according to disbursements that have been accelerated in the previous

at a par value of 181,440,000 Baht by the acquisition of IGE's existing ordinary shares will occur only as the condition below, 1. The Company has been approved by the shareholders' meeting to purchase

by 28.8% as compared to the same period last year and for the 6 month cash collection was 1,414 million baht, increase by 33.1% as compare to the same period last year. • The company purchased

of changes in this report are based on the adjusted accounting policy and reclassification 1 Backlog include only sold units with sales and purchase agreements 2 Calculated from interest-bearing debt

accounting policy and reclassification  1 Backlog include only sold units with sales and purchase agreements Management Discussion & Analysis ( - translation - ) For operating result of 4Q/2019, ended 31

with loss allowance for Stage 2 and Stage 3 based on lifetime expected credit loss  Classification of investment in receivables into Purchased or originated credit-impaired financial assets (POCI

lower amount between the total amount of securities purchased and the total amount of securities sold within a one-year period, divided by the average NAV of the mutual fund in the same period. The mutual