whereas decrease by THB 31 million or 9% in services revenue from beauty business compared to last period. This is because one time order from the customer to be incurred during the Q1/17 whereas decreasing

a higher overall SG&A cost up 7.0% versus the same period in 2016. A decrease in trading activities and one time effects also contributed to the drop in EBITDA. However, on the positive side the

. Explanation for such decrease due to drop in sales as provided in Section 1 above. Please be informed accordingly. Yours sincerely, Mr. Hamidi Bin Maulod Chief Executive Officer

transportation and logistics cost which drop by THB 23 million which aligning to the decrease in export sales of energy drinks to China Afghanistan and Yemen. Administrative expenses amounted to THB 210 million

% over the same period of last year in line with the drop in business activities revenue. As a result, Gross Profit of the group was THB 97.03 million (43% of total revenue), a decrease of THB 20.72

2018, Sales revenue of the Company was recorded at THB 1,256.44 million and THB 983.36 million respectively or equivalent to a drop of 21.73% which is considered a consecutive decline from the last

million baht, or 12.67% from the same period in 2018. The decrease in revenue resulted mainly from the decline of revenues from the manufacturing and selling of Special Cutting Tools segment, which include

decrease due to drop in sales revenue as provided in Section 1 above. Please be informed accordingly. Yours sincerely, Mr. Hamidi Bin Maulod Chief Executive Officer

decline in sales revenue was largely due to the impact of Covid-19 pandemic resulting in an economic slowdown and closure of INGRS operations in Indonesia, India, Thailand and Malaysia. The local Movement

launch of Singha Complex in late 2018. 2019 Net profit at THB 1,209m, or 16% decline YoY, due to various factors, namely profit margin during early stage of 2 hotels in Crossroads project phase 1