4,125 4,059 66 1.6 Cost of service 2,451 2,362 89 3.8 Selling and administrative expenses 312 296 16 5.4 Finance cost 305 482 (177) -36.7 Interest expense from the MRT Purple Line Project 99 112 (13

15.3% Administrative Expenses (34.5) (8.4) 308.8% Finance Costs (76.9) (93.7) -17.9% Share of Profit from Investments in Associates and Joint Ventures 339.2 659.2 -48.5% Income Tax Expense (6.3) (6.8

had a total finance costs of 159 million Baht; increased by 40% as compared to Q1 2018 of 264 million Baht. This is a result of a decrease in interest bearing debt from a total amount of 16.31 billion

ending 30 June 2018 to 15.6% in the same period of 2019. Finance Expenses Finance expenses decreased from THB 6.4 Mn in the 2nd quarter of 2018 to THB 0.1 Mn in the same period of 2019, a decrease of THB

14.5% 115.67 14.5% 108.54 13.5% -6.2% -11.9% Other income 63.52 7.5% 66.33 8.3% 67.76 8.4% 2.2% 6.7% Sales profit 0.88 0.1% 0.02 0.0% 0.02 0.0% 0.0% -97.7% Profit before finance cost and income tax

another in Thailand and severance pay of 21 million Baht. In 2Q 2019, the Company had a total finance costs of 187 million Baht; decreased by 6% as compared to 2Q 2018 of 198 million Baht. 2 | P a g e Pace

54.97 48.91 6.06 12% EBITDA 37.96 70.70 -32.74 -46% EBITDA margin 16% 24% Depreciation and amortization 30.28 31.94 -1.65 -5% EBIT 7.68 38.77 -31.09 -80% Finance cost -6.96 -5.22 1.74 33% Income tax

% 31% SG&A 51.73 44.75 6.98 16% EBITDA 67.69 50.15 17.54 35% EBITDA margin 23% 22% Depreciation and amortization 31.94 21.36 10.58 50% EBIT 35.76 28.79 6.97 24% Finance cost -5.22 -0.73 4.49 611% Income

selected by International Business Magazine, which is finance and investment magazine in United Arab Emirates, as the Best Investor Relations Company Thailand 2018. The award reflects that the company has

13.2% 433.4 358.5 20.9% Other Income4 58.6 22.2 163.7% 141.7 96.5 46.8% Administrative Expenses (37.5) (28.8) 30.2% (82.4) (84.8) -2.9% Finance Costs (84.2) (104.3) -19.3% (282.7) (361.8) -21.9% Share of