6M19 P a g e | 10 Compared to 1H18, the Company’s gross profit margin remained resilient with stable margin in 1H19 despite the closure of Dusit Thani Bangkok hotel. However, EBITDA margin and net profit

revenue of THB 3,818.1 million, increased 48.2% from the ended of the year 2018 as a result of commercially available for two hotels as part of the Project CROSSROADS Phase 1 which commenced the operation

membership card, “Bangchak Green Miles” debuted, and Bangchak Mobile Application which provide customers with convenience and swiftness was introduced. However, net marketing margin declined from the

% of net profit margin comparing with Q2 2016. Apart from the additional costs of SBT’s impairment, the increment of gross and net profit was mostly caused by the improvement of products’ spread margin

MTHB or 4.8% of net profit margin comparing with Q3 2016. Apart from the additional costs of SBT’s liquidation, the increment of gross and net profit was mostly caused by the improvement of products

ratio of cost contract work to revenue from contract work was 86.78%, or a gross profit margin of 13.22%. While the first quarter of 2018, the cost of contract work was 237.73 million Baht which was 97.10

cost contract work to revenue from contract work was 86.78%, or a gross profit margin of 13.22%. While the first quarter of 2018, the cost of contract work was 237.73 million Baht which was 97.10% of

contract revenue was 85.43%, or a gross profit margin of 14.57%. While in year of 2018, the cost of contract was 767.93 million Baht which was 95.04% of contract revenue, or a gross profit margin of 4.96

same period of the last year which showed 14.47 million Baht, which was mainly caused by COVID-19 situation. Cost of Goods Sold/service and Gross Profit Margin The company recorded cost of goods sold of

by 2.91 million Baht or 17.11% from the same period of the last year which showed 17.01 million Baht, which was mainly caused by COVID-19 situation. Cost of Goods Sold/service and Gross Profit Margin