759 (6%) Net profit 2,483 2,822 2,935 18% 4% 5,259 5,758 9% Excluding non-recurring items 2,483 2,822 2,935 18% 4% 5,259 5,758 9% Earnings per basic share (THB) 0.55 0.63 0.65 18% 4% 1.17 1.28 9

expenses 115.49 106.14 9.35 8.8% Total expenses 3,065.73 3,066.16 -0.43 0.0% Earning before interest and tax 253.50 341.41 -87.91 -25.8% Finance cost -5.55 -4.83 -0.72 14.9% Share of profit from investment

the same period a year earlier, on lower debt balance and increase in retained earnings. Table 2: Summary of Profit & Loss Statement 1Q 4Q 1Q YoY QoQ 2017 2017 2018 Revenue from rent and services 6,530

profit 463.1 465.6 496.5 6.6% 7.2% 1,337.0 1,401.5 4.8% Net gain on exchange rate 37.6 30.9 83.6 170.6% 122.3% 91.2 169.6 86.0% Gain on forward contracts 8.4 4.5 6.0 33.3% (28.6%) 7.1 21.7 205.6% Gain from

from ‘International Advertising’  Expanded our footprint to Vietnam market – the fastest growing economy in Southeast Asia  Net profit excluding minority interest was THB 161mn KEY BUSINESS AND

) (3,634.8) (1.1%) Gross profit 464.1 421.6 458.7 8.8% (1.2%) 1,399.4 1,346.5 (3.8%) Net gain (loss) on exchange rate 113.7 62.7 40.5 (35.4%) (64.4%) 195.8 85.8 (56.2%) Gain (loss) on forward contracts (11.4

increase of 23.5% YoY.  Revenue from Out-of-Home business increased 2.0% YoY to THB 909mn.  Revenue from Digital services business increased 243.6% YoY to THB 299mn.  Net profit was THB 260mn, an increase

period in 2019. The main reason for the lower cash flow was the decrease in net profit which decreased THB -190.5 Mn year-on-year. Other notable cash flow changes were (1) Depreciation and Amortisation

sales 6.1% 7.5% (1.4%) 5.7% 7.1% (1.4%) Administrative expense per net sales 10.5% 12.5% (2.0%) 8.6% 9.8% (1.2%) Net profit margin 4.4% 3.1% 1.3% 6.7% 5.8% 0.9% Earnings per share (Bath/Share) 0.05 0.03

. 16% , respectively, comparing to 3Q2017 mainly from higher revenue from indirect export and selling live broilers to GFN, our joint venture. The consolidated gross profit was THB 705.91 million in