, decreasing by 8% y-y. However, the Company still maintained effective operating cost control with cost to income ratio at 39% of total revenues. Considering the Company’s separate financial statement, the

. However, the Company still maintained effective operating cost control with cost to income ratio at 38% of total revenues. Considering the Company’s separate financial statement, the operating and

cost to income ratio at 37% of total revenues. Considering the Company’s separate financial statement, the operating and administrative expenses as a percentage of revenues was 35%. - Expected Credit

. The details are as follows; Operating Performance 1. Revenues Units: Million Information of the 3rd Quarter Consolidated Separate 3 months Change 3 months Change 2018 2017 Amount Percentage 2018 2017

and Service 2,425.0 96.4 2,852.6 96.2 Franchise Fees Income 56.5 2.2 69.6 2.3 Other Income 33.7 1.3 42.5 1.4 Total Revenue 2,515.2 100.0 2,964.7 100.0 Remark: (1) Percentage of Total Revenue For the

from Sales and Service 697.6 97.4% 710.0 97.2% Franchise Fees Income 13.0 1.8% 14.1 1.9% Other Income 5.4 0.7% 6.3 0.9% Total Revenue 716.0 100.0% 730.5 100.0% Remark: (1) Percentage of Total Revenue For

39.80 Million Baht, or or 10.63%. The main reason of revenue growth resulted from revenue recognition by percentage of completion of projects which were hired on 2017 – 2018. Since 1st January 2019, the

31 March 2020 Ratio 2019 Ratio Increase / (Decrease) Amount % Service revenue 646.34 100% 480.92 100% 165.42 34.40 Cost of service 531.42 82.22% 404.10 84.03% 127.32 31.51 Gross profit 114.91 17.78

reserve 90.97 14.65 68.15 132.25 32.89 240.41 Percentage of total capacity 78% 68% 86% 81% 82% 97% Average (2004-2016) 63.25 12.93 55.35 133.07 29.86 209.05 Above/(below) average (2004-2016) 27.72 1.72

hire purchase loans declined slightly from the end of 2018. For asset quality, the Non-Performing Loans (NPLs) to total loans ratio for 1Q19 remained stable at 4.1% from the end of 2018. On Special Asset