process has been delayed from the planned schedule, which may indicate potential impairment of assets related to the SPAC structure investments in the separate financial statements, such as investments in

delayed repayment of overdue debts to financial institutions, causing the company to be under debenture default condition. The amount of debts expected to be overdue by the end of June 2017 is approximately

10% Cost 1,631 1,509 Gross profit 209 164 45 28% Gross profit margin 11.3% 9.8% Other income 6 2 4 246% Selling & Admin expenses 123 121 2 2% 6.7% 7.2% Cost and expense from delayed project 57 (57

previous quarterly To: The President The Stock Exchange of Thailand Thailand's economic outlook for the year 2018 is likely to be bright. After seeing a clear recovery in the last quarter of last year

as of December 31, 2018, and the combining the value of asset acquisition during the past 6 months is equal to 1.35% 2. The disposition of ordinary shares of Bright Blue Water Corporation Ltd. (“BBW

represents decreasing of 34 Million Baht (2,642%) from Q1/2017. The main cause for the lower net profit is economic in Thailand just recovery, and there is a delayed effect before reaching down to

number of LED lighting luminaires to an Australian Retail Chain to replace the less energy efficient ones in order to conserve energy, but this year the Retail Chain had delayed the investments. Profit for

Baht 31.1 million Y-O-Y due primarily to lower sales delayed to 2nd half year of 2019, and a cost adjustment for employee benefits amount Baht 6.3 million (partially out of the said provision Baht 23.7

million, results include the planned River Wing renovation works which significantly reduced available room inventory for sale. The target opening in October 2019 has been delayed, however the risk

% (3.4%) Other income - 1 (1) Selling & Admin expenses 29 27 2 7% 6.2% 7.0% Expense from delayed project 57 (57) Finance costs 13 14 (1) -7% Income tax expense 3 (1) 4 Profit for the quarter 9 (109) 118