growth from baht appreciation and world-trade sluggish. However, the Thai economy is attributed mainly by number of factors, namely 1.) growth in private consumption continues despite a lower rate of

investment in infrastructure 3.) growth in private consumption continues despite a lower rate of growth however, government subsidy to the low-income citizens could help stimulate near-term consumption

nance cost ofit before inco come tax expen t profit attribu wners of the Co r 14, 2019 : Clarifica : The Dire olidated net p n with net pr 103.03% and rofit of Baht y of the comp ng results of m sales and

million. The Company was adjusting in investment in available-for-sales securities to market price which decreased by Baht 537.21 million and deferred tax assets increased by Baht 107.44 million due to such

9.71% Other income 11.34 17.34 6.00 52.92% Selling expenses 191.18 182.01 -9.17 -4.80% Administrative expenses 386.17 457.10 70.92 18.37% Finance costs 20.71 25.95 5.24 25.33% Profit before income tax

11.34 17.34 6.00 52.92% Selling expenses 191.18 182.01 -9.17 -4.80% Administrative expenses 386.17 457.10 70.92 18.37% Finance costs 20.71 25.95 5.24 25.33% Profit before income tax expense 407.36 442.90

percent. The increase in selling and administrative expenses as a result of selling expense in relation to Condominium Project such as transfer fee and specific business tax and remuneration for employee

(99.13) Income tax expenses 5.34 9.67 (44.78) 5.46 (2.20) 10.79 17.84 (39.52) Net profit 20.89 36.30 (42.45) 22.68 (7.89) 43.56 68.95 (36.82) Earnings before interest, taxes, depreciation and amortization

cost 7.06 7.63 -0.57 -7.47 185.52 314.26 -128.74 -40.96 Share of gain/loss from investments in associate 0.00 -0.49 0.49 -100.00 Loss Before Income Tax -20.29 -38.96 18.67 -47.91 Income tax expense -0.05

211 186 25 13.4% Interest and Tax expenses 36 42 (6) -14.3% Share of profit from associate and JV 68 31 37 119.4% Net Profit attributable to equity holders 315 123 192 156.1% Total Revenues Total