, increased by 201.93 or 115.02% compared to the same period of 2016. With regards to cost of sales and expenses for the first six months of 2017, it is equivalent to 347.23 million THB or 92.00% of total

4,668 - 4,668 100% Cost of sale (3,544) - 3,544 100% Other expenses (424) - 424 100% Total expenses (3,968) - 3,968 100% Profit (Loss) before the effects of foreign exchange, deferred income tax and lease

provide an opportunity for overall real estate industry due to a potential lower cost for both, real estate developer and buyer. The Company’s focus is on developing projects to serve real demand for

commercial operation of hospitality business since April in accordance with measures containing COVID-19 announced by local governments. Regardless an effective cost management together with reducing variable

most of its employees to work from home to reduce the risk of infection. On the other hands, Safari World Group has reduced its cost and expense to lessen the effect to the income and profitability by

café which has a higher gross profit margin than sales from other distribution channels. The Company has also displayed the ability to manage cost efficiently. G R O S S P R O F I T a n d G R O S S P R O

Page 1 Enclosure 5. Information Memorandum on the Acquisition of Assets of Safari World Public Co., Ltd.; An increasing of investment cost (No. 2) Enclosure 5. Information Memorandum on the

as directors to the company. The trust instrument shall require the selection of the said individuals to be approved by the trust manager’s board of directors; (2) specifying the responsibilities of

exempted are immaterial to the consideration of the application for approval in such particular case and the benefits to be gained are not worth the cost of complying with such regulations or conditions; (2

from rental and rendering of services from new rental spaces and improved occupancy rates, and decreased selling and distribution expenses from improved cost management • Operating revenue increased by