was effective from 1 April 2018 onwards. The selling and administration expenses consists of employee benefits, rental, depreciation and marketing expenses were THB 2,925 million decreased by THB 163

increased by 61% YoY and 31% QoQ, mainly due to higher personnel expenses reflecting increased number of employees and administration of the Outrigger hotel portfolio. Foreign Exchange Gains In Q3’18, the

revenue of 144.20 million Baht, an increase of 0.06 million Baht or 0% compared to quarter 1/2019 and a decrease of 5.21 million Baht or 3% compared to quarter 4/2019. Due to efficient cost management

Report on the Connected Transaction 16/01/2020 20:15 Information Memorandum on the Acquisition of Assets of Safari World Public Co., Ltd; An increasing of investment cost in Carnival Magic Project. (No.2

1.60 Other Revenue 3.46 2.75 2.70 2.33 0.37 15.88 Total Revenue 198.09 182.62 174.40 171.32 3.08 1.80 Costs of Sales 138.50 130.45 130.80 126.04 4.76 3.78 Cost of distributions 20.55 14.79 16.57 12.85

% 19% PCBA (Cambodia) 0% 0% 0% 0% 0% IC (Ayutthaya, Thailand) 34% 34% 34% 36% 35% IC (Jiaxing, China) 5% 5% 5% 5% 5% HMT (Ohio, USA) 7% 5% 5% 5% 4% 100% 100% 100% 100% 100% Gross Profit / Cost of Sales

% 18% 18% PCBA (Cambodia) 0% 0% 0% 0% 0% IC (Ayutthaya, Thailand) 37% 33% 34% 34% 36% IC (Jiaxing, China) 7% 6% 5% 5% 5% HMT (Ohio, USA) 4% 5% 5% 5% 5% 100% 100% 100% 100% 100% Gross Profit / Cost of

(Ayutthaya, Thailand) 33% 34% 35% 34% 31% IC (Jiaxing, China) 4% 4% 6% 5% 6% HTI (Ohio, USA) 4% 5% 5% 4% 4% 100% 100% 100% 100% 100% Gross Profit / Cost of Sales Analysis and Sales and Administration Analysis

branches are closed resulting in lower fixed cost, negative margin is lower than last year. The proportion of revenues beauty service business per total revenues was 9%. 2. Key Highlights for performance for

% 34% IC (Jiaxing, China) 5% 4% 4% 6% 5% HTI (Ohio, USA) 5% 4% 5% 5% 4% 100% 100% 100% 100% 100% Gross Profit / Cost of Sales Analysis and Sales and Administration Analysis The Gross Profit margin was 1