gross profit and administrative expense control. EBITDA margin in the 4Q’18 and year 2018 was 26% and 25% respectively. However, the administrative expenses included the non-cash expense incurring from

quality of its insurance portfolio toward a loss ratio insurance type and also perform a serious cost control. And the Company is expected to turn profit in 2019. Please be informed accordingly. Sincerely

2019 as well as having the enhancing cost control measures. The details of the Company's performance were as follows: 2018 2019 YoY Mio. % Mio. % Mio. % Rental and Service Income 534.1 58.3% 465.9 50.2

increasing number of kiosks. 2) Service & Administrative expenses was Bt61mn, represented 7.9%of total revenues from core business, which decreased from last period, due to effective cost control. Profit 1

1H16 was in line with the decrement in sales. The gross profit margin was 47%, higher than 2Q16 and 1Q17 due to the Company effort to carefully control marketing expenses. For 1H17, the gross profit

THB 22.68 million or 27.53%, mainly from additional staff and rental expenses for new branches. However, the Company has measures to control selling expenses, in order to maintain the proportion of

used as a working capital; decreasing of inventory by Baht 0.75 million due to the Company’s policy to control the inventory every branch; decreasing of assets on long-term lease by Baht 3.68 million due

receivable 3 month’s overdue or non-performing loan ratio was 2.52%, decreased from 2.71% in the fiscal year 2016. The Company was able to control accounts receivable overdue more than 3 months better than

derived from the inventory which accounts for 79% of the income recognized in Q3. The gross profit margin is thus lower than 30%. However, the Company is able to control the expenses on sale (excluding

control 20.64 20.64 - 0.02% Retained earnings 61.70 78.02 (16.32) (22.49%) Total parent’s equity 787.40 804.19 (16.79) (2.09%) Non-controlling interests 56.26 53.44 2.82 5.28% Total shareholders’ equity