588,071 621,263 574,564 51,556 8.8 Gross profit 190,354 192,159 184,125 167,753 (1,805) (0.9) Other income 7,770 3,593 8,878 4,480 4,177 116.3 Profit before expenses 198,124 195,752 193,003 172,233 2,372

expenses decreased by 23.7% from 1Q18 to THB 82 million in 1Q19 with main impact from fully depreciated of assets under Dusit Thani Bangkok hotel. Education Business In 1Q19, revenue from education business

dividends distributed by promoted companies are exempt from income tax during the exempt period  Additional 5-year 50% reduction of corporate income tax  Double deductions from the costs of transportation

% reduction of corporate income tax  Double deductions from the costs of transportation, electricity and water supply for 15 years  Additional 25% deduction of the cost of installation or construction of

 Trade and other receivables 0.52 18.92 Total current assets 0.56 19.97 Non-current assets  Pending expenses of directors 35.00 -  Net equipment 0.06 243.66  Insurance 0.46 0.46 Total non-current assets

Expenses (36,889,002.13) (24,839,952.00) Financial Cost (7,204,484.10) (17,366.24) Profit (loss) before income tax 3,546,061.75 609,810.29 Income tax (1,525,288.25) (387,838.77) Profit for the years

Baht, Marketing consultation of 2.78 million Baht to expand customer base and increased financial fees of 3.2 million Baht Financing costs The company’s financial costs for the year ended December 31

to bond issuance?. The paper showed positive response of listed companies? share prices to debenture issuance announcement, supported by the trade-off theory, weighting costs and benefits of debt

Computer Systems Integration business and Cloud Computing business of Baht 21.84 million ; - Other revenue of Baht 4.40 million. 2. Cost of Sales and Services, Selling and Servicing Expenses and

cost. 3) Selling and Administration Expenses Selling and administration expenses decreased by Baht 11.4 million, or 6.5% from Q2/2016, as a result of improved efficiency in cost and expenses control. 4