novation has no effect to the required Debt to Equity ratio due to the MRTA is fully responsible for the loan repayment according to the concession agreement. Overview Operational Results In the third

value adjustment of investment due to reclassification in the amount of Baht 2,030 Million, net of corporate income tax. 4. On September 21, 2018, the Supreme Administrative Court rendered the judgement

28.6%, which increased from the GPM of 20.4% in 1Q/18 due to the transfer revenue was mainly from new project recently developed by the Company therefore, the margin is in line with the industry standard

Performance for Q1’19 Consolidated Income Statement Summary Unit: THB mn Q1'19 Q1'18 % YoY Q4'18 %QoQ Total revenues 6,512 6,340 2.7% 6,519 -0.1% Total revenues from sales 6,366 6,110 4.2% 6,333 0.5% Beverages

the 16th of January 2020 onwards. March The Thai Government declared an Emergency Situation in all areas of the Kingdom of Thailand due to the outbreak of the COVID-19. Management outlook and future

the Company.. 3.2 Calculation of transaction value Due to the calculation under the Notification on Acquisition or Disposal of Assets based on the latest reviewed consolidated financial statements of

consideration basis. The highest transaction value is derived from this method of calculation, whereby the calculation is based on the Company’s reviewed consolidated financial statements for the 9-month period

% YoY to THB 6,976mn, preeminently due to full year consolidation of the hotel business in Europe and from acquired assets under the Entire Business Transfer of Unicorn Enterprises Limited (EBT of UE

to the value of consideration basis, the calculation is based on the Company's reviewed consolidated financial statements for the 6-month period as of June 30, 2019, which is considered as a Class 12

performance and financial position for the second quarter and six-month ended June 30, 2019 with those of 2018. This report discusses principal changes in the unaudited consolidated financial statements