, new car model introduction, and some impact from the Bangkok Motor Show in March. Profit & Loss Analysis (Unit: Million Baht unless otherwise stated ) Q2 2017 Q2 2016 Change Amount % Total Revenues

increase of minimum wages and the employment due to the branch expansion, as well as the increase of the rents of the existing branches and new branches. Net Profit In the Quarter 2 of 2017, the Company and

of the new loan in the quarter ended June 30,2017 and the transferring from short-term loan, decreased trade and related company account payable 11.95 million Baht, increased advance from customer

statements of the Company 7. Proceeds Utilisation Plan WCIH will have new cashflow for debt repayment and working capital. 8. Opinion of the Board of Directors on the entering into the transaction The Board of

launch two more projects with the combined value of 3,500 million THB. Therefore, there will be the total of ten new projects launched throughout the whole year with the combined value of 14,000 million

previous year. To this, selling expenses increased by 38.09 Million Baht or increase by 41.95%. The main factor was due to more number of new projects which resulted in more marketing &selling expenses than

marketing expenses (PR, promoting, advertisement, etc.) from the increase of 10 pre-sales project launches compared on the same period from last year. These new projects will result in the future revenue

of 2017, the Company’s associate, LH Financial Group Public Co.,Ltd., (“LHBANK”), issued new ordinary shares through a private placement to CTBC Bank Co.,Ltd, totaling 35.62% of the registered share

gain more revenue from these new distribution channels and also resulted to more efficient cost of sales management. However, the company had increasing financial costs from short-term loans from other

of the staff cost resulting from the increase of minimum wages and the employment due to the branch expansion, as well as the increase of the rents of the existing branches and new branches. Net Profit