to the decrease in financial cost. For the nine-month period, the Company had the net profit attributable to equity holders of the Company before gain on fair value adjustment of investment due to

, consists of unrealised gain (loss) on exchange rate of receivable under finance lease agreement and gain (loss) on forward contracts. Change Financial Performance of the Group 2 Sales and service income for

Analysis for the year 2019 4 Accounting Standard. Other income which consisted of dividend income, consequently increased in the year 2019, in accordance with a decrease in share of profit from investments

opening of the project, whereas financial cost was nearly similar to the previous year. Segmental performance 1. Expressway business The Company had revenue from Expressway business of Baht 2,435 Million

of 636 million Baht (394% of total revenue), decrease by 27% or by 235 million Baht as compared to 3Q 2018 which comprises of: (1) administrative expenses of 371 million Baht, decreased by 11% or by 44

third quarter of the year 2019, the Company had the net profit attributable to equity holders of the Company in the amount of Baht 937 Million representing a decrease from the same quarter of the previous

6.9% * Extraordinary items from non-operating, consists of unrealised gain on exchange rate of receivable under finance lease agreement and gain on forward contracts. Change Financial Performance of the

the previous year according to the decrease in financial cost. Segmental performance 1. Expressway business The Company had revenue from Expressway business of Baht 2,581 Million, representing an

property development business which results in the significant decrease in total revenue. The total gross profits for 2Q 2019 was 234 million Baht (48% of total revenue), decreased by 83% as compared to 2Q

Discussion and Analysis for the performance of the nine months ended of the year 2019 Business Overview In the nine months ended of the year 2019, S Hotels and Resorts Public Company Limited (“the Company