shareholders' equity 1,618.67 1,526.38 1,541.05 6% 5% % Change Page 4 of 4 has increased which was in line with revenue increase. Additionally, other asset mostly defer tax increased by THB 27 million stemming

from last year’s which was in line with sales dropping rate. The gross profit in 2017 was decreased from Baht 257.7 million to be Baht 247.3 million or equivalent to 4.00% which was lower than sales

in average occupancy rate to 93% from 89% in the previous year, in line with the higher number of tourists. Centara Udonthani Hotel also performed reasonably well with an increase in average occupancy

receivable has increased in line with revenue increase. Liabilities as of 31 December 2017 substantially decreased mainly from the repayment of debt owed to financial institutions. The repayment was from IPO

linked to tourism and the export sector. In contrast, consumer spending in some provinces linked to the agricultural sector continued to decelerate in line with lower farm income due to the low price of

Administrative Expenses increased THB 106.59 million, 17.89%. The percentage increase in selling expenses was in line with the percentage increase in sales. However, selling expenses of total sale in 2017

. Clause 3. In order to ensure that representatives shall render services with honesty and due care for the best interest of investors as well as provide appropriate and adequate information in line with

office. Clause 3. In order to ensure that representatives shall render services with honesty and due care for the best interest of investors as well as provide appropriate and adequate information in line

as provide appropriate and adequate information in line with standards of services of the management company, in appointing a representative under Clause 2, the management company shall proceed as

shall at least be the head of the department or a person holding any equivalent position otherwise called under a different name but in charge of a line of work relating to the derivatives business