(coverage ratio) is at 110.9% for 1Q18 increasing from 109.8% at the end of 2017. Corporate Income Tax totaled Baht 327 million or 17.7% tax rate. Basic earnings per share at Baht 1.79 per share. Annualized

conditions including the strong appreciation of THB/USD, which strengthened from the average rate of Baht 35.1060/USD in Q1-17 to Baht 31.5422/USD in the same period this year, and the shortage of some items

reserve to total NPLs ratio (coverage ratio) is at 110.9% for 1Q18 increasing from 109.8% at the end of 2017. Corporate Income Tax totaled Baht 327 million or 17.7% tax rate. Basic earnings per share at

) million, due to the group gaining profit from exchange rate in 2017 from the imported solar cells for the solar energy business, but no gain in 2018. Selling and administration expenses Selling expenses

of the year. However, the gross margin in the middle of 2019 will receive a positive effect from seaweed price and exchange rate; thereby the costs of main raw materials will be reducing by more than

or 2.37% decreased from last year’s which was higher than the sales dropping rate resulting from the upward gross profit margin of 2018. The gross profit in 2018 was increased from Baht 247.3 million

higher occupancy rate. - Revenue from Overseas Hotels was up by 5.3% yoy despite an adverse impact on the translated financial statements from foreign currency exchange due to Thai Baht appreciate against

loss rate increased from the year 2018 due to the decrease of the total revenue of the company while having higher administrative expenses as mentioned above. Financial Statement for the ended of 30

for exchange rate by forward contract. Please be informed accordingly, Yours Sincerely, (Miss Valarlak Ngamchitcharoen) Managing Director

managing cash to invest in both short-term and long-term investments. And gain from exchange rate. • Selling expenses for the year 2019, is at 21.2% of revenue from sales while in 2018 is at 21.3%, increased