baht or 4% equivalent in the same period of last year the most of the reduced expense are staff expenses and the inventory rental. Finance cost The company had finance costs of 13 million baht, an

3,335 -10.92% Average FX - THB/EUR 35.51 34.10 -3.97% - THB/USD 31.41 31.07 -1.08% 1Q19 1Q20 %YoY Revenue from sale of goods 302.22 272.46 -9.85% Cost of sale of goods (180.81) (180.53) -0.15% Gross

://www.lagunaresorts.com/ http://www.lagunaphuket.com/  Cost of office rental operations decreased by Baht 3 million as a result of lower building repair expense.  Selling expenses decreased by Baht 8 million as a result

the same quarter of the previous year by Baht 25 Million or 9.9 percent mainly from the pre-operating expense of the new project which cannot be recorded as cost of construction according to accounting

%.  Distribution costs for the 4th quarter 2018 represented 21.2% of revenue from sales, increased from the same period last year Baht 2.39 million or 2.7%. The change was due to increasing of rental expense. 1/2

completed projects and new projects that received in this year. 2. Cost of construction increases in the amount of Baht 63.48 million or 71.30% for three-month period and Baht 168.06 million or 84.73% for

increase in sales volume of sauces and condiments. Revenue from sale of goods 268.16 302.22 12.70% Cost of sale of goods (172.39) (180.81) 4.88% Gross profit 95.77 121.41 26.77% Selling expenses (16.52

deferred income tax, on the contrary, the proportion of selling expense, and financing cost were decreased . Please be informed accordingly. Yours Sincrely, ( Mr.Chane Laosonthorn) Director

2018. The transaction mentioned above is considered as a disposal of assets in accordance with the Notification of the Capital Market Supervisory Board No. TorChor. 20/2551 (2008) Re: Rule on Entering

expense in the year 2018 were Baht 879.73 million decreased by Baht 220.49 million, or 22.57% from the previous year, mainly from the branches decreased and better cost controlled. 4. The Company’ s