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

scheduled in PPA, and construction cost is in line with the budget approved by lenders. This achievement would enable us to keep record of managing the project to commence COD in time and in budget for 27

be Baht 446.70 million or an increase of 33.26 percent, due to expansion of distribution channels and effective cost management having resulted in maintaining profit margin at a good level. (2

and launching of iPhone13 in Oct-21. On the cost side, cost of service was Bt21,664mn, increasing 6.0% YoY and 1.1% QoQ from 5G investment to strengthen leading position. Selling and admin expenses was

from core business (4 items) 714.91 100.0% 832.82 100.0% 842.14 100.0% 1.1% 17.8% Cost of services (535.72) -74.9% (658.51) -79.1% (658.33) -78.2% 0.0% 22.9% Gross profit 179.19 25.1% 174.31 20.9% 183.81

Financial Statements Increase (Decrease) % 2018 2018 2017 Total revenues 1,626,468 1,544,670 1,644,433 (17,965) (1.1) Sales and service income 1,614,607 1,531,983 1,637,162 (22,555) (1.4) Cost of sales and

Value * Cost Approach 228,447,600 Baht Income Approach 397,954,855.72 Baht Cost Approach 62,663,815 Baht Income Approach 45,856,719.89 Baht 3.Project Progress Completed Construction 90 % and partial

income - 0.0% - 0.0% 0.0% Advertising income 13 0.6% 12 0.4% -7.7% Total revenue from core business (4 items) 2,245 100.0% 3,105 100.0% 38.3% Cost of services (1,674) -74.6% (2,373) -76.4% 41.8% Gross

details as follow; unit: million baht Items 2017 2018 Changes Amount % Amount % Amount % Revenue from sales of goods 256.62 100 333.34 100 76.72 29.90 Cost of sales of goods 196.30 76.49 258.33 77.50 62.03

Separate Financial Statements Increase (Decrease) % 2018 2018 2017 Total revenues 1,626,468 1,544,670 1,644,433 (17,965) (1.1) Sales and service income 1,614,607 1,531,983 1,637,162 (22,555) (1.4) Cost of