2Q20 gross profit. Nonetheless, cost related to hotel operation during the suspended period in 2Q20 was presented as administrative expense in accordance with accounting standard. Selling Expenses In

has revised down its growth forecast for Thailand's gross domestic product this year to 3.3 percent from 3.8 percent. (Source : BOT Press Release No.37/2019 on Monetary Policy Report) Performance

business depend on the inventory management, the logistic systems that meet the clients’ needs in time, cost of capital, receivables management and sales revenue. Due to this business has low gross profit

downwards the 2020 GDP forecast in their Monetary Policy Report, saying the economy was likely to contract by 8.1%. Although Thailand has successfully controlled the spread of COVID-19 so far, leading to a

% Other income 169,661 16.99% 78,684 9.28% 90,977 115.62% Total revenues 998,474 100.00% 847,486 100.00% 150,988 17.82% Cost of sales (614,154) 61.51% (558,251) 65.87% (55,903) 10.01% Cost of services

(68)% 536 708 (24)% Add: Non Operational/Extraordinary income/(expense) (6) 24 17 (136)% 29 138 (79)% Acquisition cost and pre-operative expense, (5) (7) (11) (59)% (30) (28) 5% Gain on Bargain

) 24 18 (6) (495)% 52 119 (56)% Acquisition cost and pre-operative expense, (7) (10) (6) 23% (36) (20) 83% Gain on Bargain Purchases, impairments and feasibility study (Net)1 26 30 - 85 108 (21)% Other

Operational/Extraordinary income/(expense) 24 18 (6) (495)% 52 119 (56)% Acquisition cost and pre-operative expense, (7) (10) (6) 23% (36) (20) 83% Gain on Bargain Purchases, impairments and feasibility study

190 130 127 50% 555 383 45% Add: Non Operational/Extraordinary income/(expense) (6) 167 (1) 706% 119 87 36% Acquisition cost and pre-operative expense, (6) (7) (2) 189% (20) (7) 181% Gain on Bargain

(mn) 3Q 2016 2Q 2017 3Q 2017 QoQ (%) YoY (%) Operating Revenue 172 199 262 31.8% 52.1% Cost of sales 79 87 106 21.7% 34.8% Gross profit 94 112 156 39.7% 66.7% Selling, General & Administrative Expense