with results for the same period in 2016, profit ( loss) amounted to 4.332 billion. Earnings (loss ) decrease the amount of (17.962) million baht or (415.59) percent decline was caused by a key. 1

2016 2015 Return on Assets (ROA) -13.94% 3.07% Return on Equity (ROE) -43.99% 8.66% Gross Profit Margin 8.89% 43.27% Net Profit Margin -175.83% 61.59% Debt to Equity Ratio (times) 0.32 0.85 Interest

profit margin increased to 54.7% from 53% in 1Q18 and 54% in 4Q18. Q1 Q1 YoY% 2019 2018 2019-2018 Sabina - Brand 585.3 540.7 8.2% - Non store retailing 91.6 56.7 61.5% - Export 20.6 14.4 42.7% OEM 72.5

domestic sales 24.2% and export sales 75.8%. Gross profit was down from 33.6% to 25.8% due to low margin sale to B2B coupled with the increase in raw material and energy costs. Total expense was Baht 504.6

enhance more value to the customers resulted in a continuous growth in ARPU. The focus on quality also extended to subsidy optimization, leading to an improved sales margin of almost 5% for 1Q24. AIS

& administrative expenses 112 147 31.4% EBITDA 89 109 22.2% Net profit from operation 51 44 -13.5% Net profit (exc. Minority Interest) 53 37 -30.2% Gross profit margin 60.5% 33.7% EBITDA margin 32.3% 15.8% NPAT

business is generally lower margin than MACO’s core business, net profit margin slightly decreased to 14.4% from 22.9% in 3Q 2017. Nevertheless, we believe that MACO will benefit from economies of scale

affected by decreasing in total revenue from sales. The consolidated gross profit margin contributed of 14.76% in 2Q2018, decreased from 16.32% in 2Q2017. The participating loss from associates was THB 22.19

3Q2018, decreased by THB 89.36 million or 11.24% down from 3Q2017 affected by increasing in cost of sales. The consolidated gross profit margin contributed of 15.63% in 3Q2018, decreased from 18.08% in

; although tenants’ business operations have now resumed, rental income is still affected by low-traffic from customers. In addition, the gross profit margin was lower than the previous year due to a higher