a result, the Company's EBITDA margin to total revenues decreased from 10.7 percent to 9.4 percent. Net Profit In 2019, the Company and its subsidiaries earn the net profit pursuant to the financial

, new car model introduction, and some impact from the Bangkok Motor Show in March. Profit & Loss Analysis (Unit: Million Baht unless otherwise stated ) Q2 2017 Q2 2016 Change Amount % Total Revenues

) (99,489) (9,060) (9.11) Cost of Service (42,149) - (42,149) 100.00 Gross Profit 70,749 52,065 18,684 35.89 Reversal of doubtful debt 4,640 3,170 1,470 46.37 Other Income 5,859 3,210 2,649 82.52 Profit

% Gross Profit 40.35 60.30 -19.95 -33.08% 95.98 169.48 -73.50 -43.37% Other Income 79.28 16.06 63.22 393.52% 88.89 30.93 57.96 187.38% Selling & Administrative Expenses 31.98 39.27 -7.29 -18.57% 65.31 78.98

, increasing 20% YoY from TTTBB consolidation and organic business growth, while increasing 1.4% QoQ driven by continued demand for mobile and fixed broadband connectivity. FBB maintained a growth engine

172.65 178.85 (6.21) (3.47) Earnings before interest and taxes (EBIT) 10.58 32.79 (22.21) (67.73) Financial costs 4.75 0.72 4.04 559.72 Income tax expenses (2.87) 2.86 (5.73) (200.35) Net profit 8.70 29.21

Baht 102.11 million or 30.06% from the same period of previous year. The increase in cost of sales was not in line with the increase in revenue from sales due to the fixed cost of expenditure on factory

. While other income of 4th quarter of 2019 slightly decreased 8.23 percent, since the 4th quarter of last year had booked for gained of fixed assets sold. 1.2 Cost of goods sold and expenses Consolidated

statements for the 3-month period and 6-month period ending June 30, 2018 as follows. The net profit of the Corporate Group for the 3-month period and 6-month period ending June 30, 2018 were Baht 115.58

147.9 -1% Cost of Sales and Services (29.3) (28.7) 2% (84.3) (73.7) 14% Gross Profit 28.1 25.6 10% 62.6 74.2 -16% EBITDA 35.6 22.4 59% 55.6 59.8 -7% EBIT 31.6 18.5 71% 43.8 49.1 -11% Net Profit 28.4 19.3