gross profit margin of 1.68 percent in spite of increase in selling and administrative expenses of 1.83 percent. The Corporate Group’s net earnings per share was Baht 0.45 per share, an increase from the
financial statements due to an appreciation of the Thai Baht from 3Q17. Other Income increased from the share of profit from investment in DREIT and food business, which the company invested in 1Q18. Total
HIGHLIGHT Sales and Service Income • Sales and service income increased 20.6% y-on-y in 2019 to Baht 44,132 million and 13.3% y-on-y in Q4’2019 to Baht 11,258 million primarily due to 1) the additions of 692
pressuring net profit margin 2) higher depreciation resulted from additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, in order to
-utilized land of Baht 31.08 million (before corporate income tax). (2.2) Cost of Sales and Services Description Year 2017 Year 2016 Increase / (Decrease) Million Baht % of Sales Million Baht % of Sales
) Proportion of assets acquired (100%) x NTA AT-ZE (29.78) NTA WINNER (604.68) 4.93 % 2. Net income Proportion of assets acquired (100%) x Net income AT-ZE (5.47) Net income WINNER (104.39) 5.24 % 3. Value of
Calculation Method Transaction size 1. Net tangible assets (NTA) Proportion of assets acquired (100%) x NTA AT-ZE (29.78) NTA WINNER (604.68) 4.93 % 2. Net income Proportion of assets acquired (100%) x Net
-ZE (29.78) NTA WINNER (604.68) 4.93 % 2. Net income Proportion of assets acquired (100%) x Net income AT-ZE (5.47) Net income WINNER (104.39) 5.24 % 3. Value of consideration paid Value of
14,329.7mn, an increase of THB 3,871.8mn from the previous year • Net debt to Equity ratio3 as of 31 December 2018 equals 0.96 times Operating result Q4/18 and 2018 Revenue and Backlog2 Source of income (Unit
rail business 1,211 1,183 28 2.4 Revenue from commercial development business 177 166 11 6.6 Interest income from the MRT Purple Line Project 99 112 (13) -11.6 Other income 57 61 (4) -6.6 Total revenues