110.5 100.0 101.0 100.0 Proportion of cost of sales to sales revenue 31.1 27.0 Gross Profit Margin 68.9 73.0 Gross Profit For the three months period ended March 31,2017 and 2018, our gross profit was THB

Net increase in cash and cash equivalents 2,970 MTHB * Note Please find further information in the consolidated financial statements. 6 Financial Ratios Gross Profit margin = Gross Profit (Total Sales

33% EBITDA 83 103 24% 306 391 28% Net Profit (Loss) for the Company 36 47 31% 118 178 51% Gross Profit Margin (%) 62.9% 65.0% 2.1% 63.1% 64.8% 1.7% EBITDA Margin1 (%) 30.7% 32.1% 1.3% 32.1% 31.8% (0.3

-441.6% Net profit (loss) attributable to equity holders 137.7 410.7 -273.0 -66.5% Net profit (loss) attributable to equity holders Margin (%) 1.9% 5.2% -3.3% Net profit (loss) attributable to equity

has full operation during the fourth Quarter of 2019. Gross Profit and Gross Profit Margin For the third Quarter 2020, the Company had gross profit by THB 176.11 Million which was increased by THB 68.03

profit margin for the second quarter of the year 2018 was 45% slightly decreased from the second quarter of the year 2017 which was 45.4%. Selling and administrative expenses Selling and administrative

was Baht 265.70 million decreased from Baht 282.91 million for the third quarter of the year 2017 of Baht 17.21 million or -6.1% resulted to gross profit margin of the third quarter of the year 2018 was

-o- y) from Bt305.6 million in Q1/2017, representing a Net profit margin of 35.3% compared to 34.4% which has an earnings per share of Bt0.51. Table summarized the operating results of the Group (unit

million, equivalent to 3. 0 percent, which resulted from better tax planning. In consideration of the net profit from operations in 3Q 2018, the Company's net profit margin to total revenue increased from

(3.05) Cost from hotel operations THB mm 193.33 193.35 (0.02) 398.11 407.37 (9.36) Gross profit from hotel operations THB mm 86.07 91.36 (5.29) 248.37 259.31 (0.61) Gross profit margin from hotel