estate development business. Therefore, gross margin of the group of the Company for the past three years is quite stable. SG&A The Company selling expense for the 9-month period ended 30 September 2019

18.87 million had not been included, the net profit of the Corporate Group for the 6-month period would be Baht 316.54 million or an increase of 23.86 percent, due to the fact that every distribution

previous year 222.0% The reason that the company has increased net profits is due to revenues management, cost management and cost control. Although in the past Q2/2020, department stores and rental areas

% 63.0 8.7% 9.4 17.5% Net Profit 6.4 0.9% -17.4 -2.4% -23.8 -371.9% Retail Industry Overview and Overall of the Company‘s Performance During the past 2-3 years, the growth rate of retail sector industry in

as of 30 September 2017 which is a basis having the highest transaction value. The Company has no disposal transaction during the past 6 months, therefore, it is not required to disclose the

. Net Profit decreased by 24% to THB 1,805m in 2019 from THB 2,375m in 2018 due to lower operating profits more than offsetting an increase in exchange gain of THB 319m in 2019. Past Performance Analysis

% since, during Q2- 2017, the Company’s account receivables which past due up to 3 months and over 12 months increased mainly resulted from long payment process of customer which are state enterprises that

decrease was mainly due to the lower revenues from enterprise solution business. The Group’s profit for the second quarter of 2019 amounted to Baht 70 million, which was decreased by Baht 100 million or an

, resulting in reduced supportive factors to overall purchasing power. Meanwhile, internal factors were mainly due to costs increased from various reasons, especially from investments in the past 3 years

and 2020 were 61.3% and 60.9%, respectively, decreased by 2.7% from Q4/2019 and 3.8% from 2019. • The decrease in gross profit margin was mainly due to the reduction in total revenue from sales in a