. When considering the financial statements 2016 in which the equity method is applied compared to prior year. The gross profit was increased from 7.82% to 8.57%, the net profit margin was increased from

institutions as working capital amounting of 313.06 Million Baht during the period. 5. Share of loss associates accounted for using equity method amounting of 0.84 Million Baht from 4 associated companies as

share of net profit from investment by equity method and gain from currency exchange. The hotel business accounted for 86.5% of total revenue. Hotel management business accounted for 2.6%. Educational

& Spa (“Santiburi Beach”) on Samui Island and Phi Phi Island Village Beach Resort (“Phi Phi Village”) on Phi Phi Island. Performance of the 29 hotels (50% owned) in UK was recognized under Equity Method

and the carrying amounts of net assets previously recorded by the joint venture and the Group through the investment in joint venture accounted for using the equity method in the consolidated financial

as expected. Nevertheless, performance of the ESSE Sukhumvit 36 was reported under equity method of accounting included in share of gain/loss from investment in joint ventures. Page 3 of 9 Singha

percent of total shares. As for the period of three months ended 30th June 2017, the company and its subsidiaries recognized share of income, by using equity method, of Baht 0.25 million in consolidated

recognized share of profit by equity method of Baht 2.14 million and Baht 1.44 million respectively. The share of profit was higher due to lower personal expenses in the current year compared to the previous

percent of total shares. As for the accounting year ended 31st March 2018 and 2017, the company and its subsidiary recognized share of profit by equity method of Baht 1.44 million and Baht 1.66 million

ended 30th June 2018, the company and its subsidiaries recognized share of income, by using equity method, of Baht 0.42 million in consolidated income statements in which increased by Baht 0.17 million or