finance costs, increased by 79% YoY, reflected an increasing in long-term loan and acquisition loan for Outrigger hotels. Net Profit Net profit grew by 125% to 1,287 million Baht benefited from residential

products increasing the overall market size and providing significant total cost savings to our customers. Sales volume and revenue was also impacted by the highly competitive domestic market, as export

percent from the increasing in revenue from expressway business, revenue from rail business and revenue from commercial development business. (Translation) Bangkok Expressway and Metro Public Company

payable decreased while the short-term loans from financial institutions increased. Unbilled payables increased by 321.6 MB, representing an increase of 38.7%, increasing in line with project deliveries at

income from wholesale franchises increasing by THB 0.70 million YoY (+0.08%). Service revenue increased by THB 7.68 million YoY (+13.49%). Factors contributing to the increase in revenue from sales and

2018, the ratio of total capital fund to risk assets (BIS ratio) at 22.754%, higher than the 10.375% minimum rate required by the Bank of Thailand and increasing from 31 December 2017 at 21.857%. The

subsidiaries owning land plots at Bangkrachao; (xi) a decrease in real estate projects under development of THB 620mn. Total liabilities as of 31 December 2018 was THB 24,813mn, increasing by 11.7% or THB

shall be reflected in the Company and subsidiaries’ consolidated financial statement with increasing proportion from 51.0% to approximately 84.3% of shares after the transaction is settled which is

investment in ICUK, which is indirectly held by CVHLUX. ICUK’s performance and financial position shall be reflected in the Company and subsidiaries’ consolidated financial statement with increasing proportion

higher production efficiency, reduced production cost, quality systems improvement, environmental care as well as increasing variety of goods and packaging; 2) investments in research and development; 3