as a result of the issuance of latest debentures with lower coupon rate, and partial utilization of short-term instruments from financial institutions. PERFORMANCE BY BUSINESS Rental Properties

31, 2017 and March 31, 2018, the Company’s total assets amounted to Baht 1,689.34 million and Baht 1,685.41 million, respectively. Major assets were cash and cash equivalents, short-term investments at

expansion and acquisition of Thai food business completed in 4Q16. Finance Expenses Financial expenses increased during the period from THB 17.4 Mn in 2016 to THB 24.5 Mn in 2017 from increased short-term

business expansion and higher accrued staff bonus. Finance Expenses Financial expenses increased during the period from THB 17.5 Mn in 9M17 to THB 18.9 Mn in 9M18 from increased short-term borrowing as

increased interest expense from increased short-term borrowing as financing for (1) dividend payment and (2) the acquisition of Thai food business “Tummour.” Tax Expenses Income tax expense decreased slightly

expenses increased from THB 17.5 Mn to THB 18.9 Mn respectively, an increase of THB 1.4 Mn or 7.9%. This was due to increased interest expense itself due to increased short-term borrowing over the 9 months

having overdrawn and the short- term loan decreased 165.7 MB and account payable increased 31.6 MB and other liabilities decreased 3.1 MB and increasing 2.2 MB from Income Tax Payable and increasing of the

% Other current assets 43.7 50 (5.9) -12.0% Total Liabilities 2,236 1,899 336.6 17.7% Bank overdrafts and short-term loans from banks 465 500 (35.16) -7.0% Trade and other payables 77 136 (58.54) -43% Other

receivable from the change of deposits for investment as short-term loans to other persons amounting to Baht 30 million as disclosed by the Company through SET's system on March 14, 2017, whereby on August 25

and short-term loans from banks 704 500 204 40.8% Trade and other payables 83 136 (53) -41.3% Other current liabilities 18 14 4 27.9% Total shareholders’ equity 8,355 6,510 1,845 28% ● Increasing