for doubtful accounts. Finance costs For the 6 months period ended June 30, 2019 and 2018, the company had financial costs in the amount of 102.33 million Baht and 94.99 million Baht respectively. In

EBIT margin (%) = (Profit before income tax expense + Finance Cost) / Total revenues from sales EBITDA margin (%) = (Profit before income tax expense + Finance Cost + Depreciation and Amortization

(41.3) (34.5) 19.7% Share of Profit from Investments in Associates and Joint Ventures (138.6) 339.2 -140.9% Finance Costs (105.1) (76.9) 36.6% Income Tax (Expense) (34.3) (6.3) 442.2% Net Profit

65.95 67.77 -1.82 -2.7% Administrative expenses 122.77 115.49 7.28 6.3% Total expenses 2,616.41 3,065.73 -449.32 -14.7% Earning before interest and tax 159.52 253.50 -93.98 -37.1% Finance cost -3.67 -5.55

534.6% Share of profit (loss) from investment in an associate and joint ventures (50.2) (2.9%) (158.8) (13.8%) (108.6) (216.3%) Finance costs (Interest expenses) 205.5 11.7% 196.8 17.1% (8.8) (4.3

revenues from sales EBIT margin (%) = (Profit before income tax expense + Finance Cost) / Total revenues from sales EBITDA margin (%) = (Profit before income tax expense + Finance Cost + Depreciation and

548.63 - 548.63 - 1,072.82 - 1,072.82 - RL 15.35 13.19 2.16 16.4 29.40 26.32 3.08 11.7 Revenue from finance leases contracts 688.28 738.69 (50.41) (6.8) 1,405.49 1,489.55 (84.06) (5.6) Share of profit of

million Baht, and has received returned doubtful accounts amount of 9.17 million Bath. Finance costs For the year period ended December 31, 2019 and 2018, the company had financial costs in the amount of

statement Unit : Million baht 2020 2019 Revenue from sales and rendering of services (excluding fuel cost) 2,207.80 2,058.80 149.00 7.2 Revenue from finance lease contract 717.21 750.86 (33.65) (4.5) Share of

investment in an associate and joint ventures (75.2) (7.7%) (111.1) (9.7%) (35.9) 47.8% Finance costs (Interest expenses) 113.2 11.6% 100.7 8.8% (12.5) (11.0%) Profit (loss) before income taxes (33.2) (3.4