Rama 2. Moreover, effective cost management measures to control operating and administrative expenses are continuously practiced at all levels of the organization. Hence, administrative expense to total

higher personnel expense of hotel and education business to support business expansion as well as the legal and financial advisory fees of the Mixed-use project, corporate restructuring project and other

Company Limited 4 Having a director in common Trade receivable (Less) Allowance for bad debt expense Trade receivable – Net Dividend Paid (Legal Execution Department) 13.34 (13.34) 0.00 0.07 4 The Company

Income 743,014,000 661,473,000 Cost of services (667,498,616) (582,517,260) Administrative expenses (53,420,240) (50,417,484) EBIT 22,095,185 28,538,988 Interest expense (3,684,541) (12,551,783) Net profit

or 86.7%, due mainly to an increase in share capital from the private placement in December 2017. LIQUIDITY AND CASH FLOW (THB mn) *After tax and net tax refund (THB 246mn) and interest expense (THB

the previous year, or increased by 4.4 percent for three month period and decreased by 7.8 percent for the nine months year respectively. The majority of selling expense was sale personal expenses

1,686.26 1,476.04 210.22 14.2 Finance costs 1,502.50 1,402.44 100.06 7.1 Income tax expense 870.89 863.24 7.65 0.9 Total expenses 9,562.76 8,565.17 997.59 11.6 5,531.31 5,914.89 (383.58) (6.5) Non

million bath because the company has recognized the interest expenses from the projects which were not classified as capitalized expense in 2017. From these reasons, net profit of the company was 1,232.02

(income tax expense) 4.9 6.3 (1.1) (7.2) 6.1 > 100 2.9 (15.5) 18.4 > 100 Profit for the year 132.6 209.2 228.1 245.4 17.3 7.6 815.3 546.6 268.7 49.2 Other comprehensive income: - - - 1.1 1.1 100.0 1.1 5.4

devaluation of inventories 160 4 3861% Total cost of sale 29,628 14,319 107% Selling expenses 362 185 95% Administrative expenses 500 496 1% Bad and doubtful debts expense 10 3 228% Loss on confirmed purchase