(95.21) (185.70) (20.78) (56.16) (74.43) 358.18 Non-controlling interests of the subsidiaries (3.72) (7.26) 0.05 Profit(Loss) attributable to equity holders of the company (90.78) (177.06) (22.06) (59.62

. SG&A to sales ratio decreased significantly from 38.3% in 2016 to 31.3%. As a result, net profit attributable to the equity holders of the Company increased by 116.5% to THB 221mn from THB 102mn last

share of net profit from investment by equity method and gain from currency exchange. The hotel business accounted for 86.5% of total revenue. Hotel management business accounted for 2.6%. Educational

interests of the subsidiaries 0.10 -0.03 0.13 Profit(Loss) attributable to equity holders of the company -20.44 -39.68 19.24 48.48 Financial Position as at June 30 , 2017 and December 31, 2016 (Unit : Million

-0.06 22.22 Profit(Loss) attributable to equity holders of the company -59.81 -130.55 70.74 54.19 Financial Position as at December 31 (Unit : Million Baht) 2017 2016 Inc./(Dec.) % Current Assets 305.00

568.63 Total comprehensive loss for the year -297.21 -58.58 -238.63 -407.36 Non-controlling interests of the subsidiaries -48.93 0.21 -49.14 23400.00 Profit(Loss) attributable to equity holders of the

comprehensive loss for the period -13.73 -7.62 -6.11 -80.18 Non-controlling interests of the subsidiaries 0.05 0.06 -0.01 -16.67 Profit(Loss) attributable to equity holders of the company -9.41 -9.64 0.23 2.39

growth rate of total expenses at 20.3%(y-o-y), then the Net profit attributable to Equity holders of the Company in Q2/2019 and of the first six months of 2019 were of Bt176.1 million and Bt524.0 million

-Phase2, Kamphaeng Phet - Lampang will be capitalized in the projects' cost then would be amortized over the lifetime of the projects. 1.3 Operating Results Net profit attributable to the Equity of the

this year due to revenue increasing at a higher rate than expenses. Net profit attributable to equity holders of the Company decreased by 41.0% YoY to THB 161mn with a Net profit margin of 5.4%. The