economy continues to grow steadily despite a decline in export growth, primarily driven by a slowdown in global economy growth. Growth to the Thai economy is attributed to a number of factors, namely 1

decline from 31.3 % in Q1/2017 as a result of higher cost of goods sold as earlier explained. 45% 45% 49% 45% 48% 55% 55% 51% 55% 52% 25% 30% 35% 40% 45% 50% 55% 60% Q1/17 Q2/17 Q3/17 Q4/17 Q1/18 Brand

Placement of 1,080mn shares to Plan B Media Public Company Limited (“PlanB”) at THB 1.4381 per share, totaling THB 1,553mn and 3) an agreement with PlanB on Advertising Media Management and Service Agreement

of 31% YoY. This represented gross profit margin of 27.6%, a decline from 31.6% in Q2/2016 as a result of higher cost per unit due to lower utilization as well as lower sales proportion in Branded

Date). The payment date was on 28 May 2019. 2) 28 May 2019, the Company signed joint venture agreement with Mitsubishi Estate Asia (full name - MEA Commercial Holding PTE Ltd.) from Japan, to jointly

operation for several consecutive years. Causes are from change in media consumption behavior from print media to online media and overall economic slowdown, which result in a decline in ad spending on print

The costs of services decreased by 27.8% from the six months ended of year 2019 to THB 785.4 million for the six months ended of year 2020. The decline in costs of services was largely consistent with

building for sales 298,039 356,613 -16.4 Condominium for sales 80,760 124,511 -35.1 Total 378,799 481,124 -21.3 Less Allowance for decline in value of real estate development costs (13,368) (20,290) -34.1

increasing of restructured loan. However, the SM Stage 2 amount 2,529 million baht, or 2.8% of outstanding loans, continues to gradually decline. The NPL coverage ratio stands at 152%, reflecting an

rendering service increase 1 8 . 3 4 million baht or 1 0 0 % due to the subsidiaries terminated rental agreement of Khum Khan Toke and operate by itself. 1.5) Other revenue decrease 3.73 million baht or 30.47