) for Period (22,359) 5,232 (27,117) (518.28) Page 2 of 4 Year 2019, the Company’s revenue from sales and cost of sales increased when compared with prior year. Because the recognition of revenue and cost

% margin, largely from controlled handset subsidy, improve revenue momentum, and cost efficiency. Service revenue (excluding IC) increased 4.9% YoY supported by both mobile and fixed broadband segments

% Normalized Rental Revenue/1 218.0 285.9 303.1 39.0% 6.0% 443.3 589.0 32.9% Gross Profit 127.5 198.4 207.8 63.0% 4.8% 277.2 406.2 46.5% Gross Profit Margin 58.5% 69.4% 68.6% 56.1% 69.0% GPM before adjustment

(6,722) (5,037) (1,685) 33.5 Profit for the period 18,447 11,110 7,337 66.0 27,524 20,425 7,099 34.8 Gross profit margin 22.6% 23.6% (1.0%) 22.4% 23.6% (1.2%) Selling and distribution expenses per net

reason is that in Q2–2019, there was recognition of revenue from many large-scale projects which had a relatively low gross margin. Furthermore, In Q2–2019, there was an additional reserve for employee

previous year as the revenue recognition on progress measurement method towards complete satisfaction of the performance obligation on construction service contract that has continuously awarded since 2018

Financial Reporting Standards (TFRS) no. 15 (TFRS 15), “Revenue from contracts with customers”, the Group has applied the first time on 1 January 2019 (initial application date). Revenue recognition of the

56.11 million baht respectively, an increase of 71.44 million baht or 127.32 % as a result of recognition The income of Euroasia total Logistics Co., Ltd., which is the main cross-border land

, there is no demand for new installation. 2. Construction service income for the year sharply increased 207.40 Million Baht, accounting for 59.80% from previous year as the revenue recognition on progress

39.53% and 40.82% respectively. It could be seen that gross margin of the Group of Companies does not change significantly as it has policy to sustain appropriate gross margin for each real estate project