THB 476 million for Q2-2016. The reduction in profit margin was caused from the selling price dropping as the decrease in HRC market price worldwide and a stagnant of Thai economy in the first half of

after its capital increase and SHR will remain the Company's subsidiary. On 7 November 2019, Board of Directors Meeting of S REIT as the REIT manager of SPRIME approved the first reduction of the paid-up

22.7% from THB 1,631mn as of 31 December 2016. Total current assets were THB 646mn, decreasing by 23.6% or THB 199mn. The decrease was primarily attributable to 1) lower cash, cash equivalents and

170 million baht, and others of 68 million baht respectively. The reduction of other incomes in comparison to the same period last year was a result of no write-off transaction in this quarter. Expenses

non-current assets amounted to Baht 24,192 million, decreased 4% from year 2018. Current Assets reduction mainly on account of decrease in inventory of subsidiary, however cash and cash equivalents for

Baht) Year Increase (Decrease) 2019 2018 Amount % Total Revenues 562.58 575.16 (12.58) (2.19) Costs and Expenses 563.21 554.34 8.87 1.60 Profit (Loss) -Net 1.04 18.11 (17.07) (94.26) Income of Sale and

subsidiaries recorded a Net Profit attributed to owners of the company THB 993 million, a decrease of THB 1,419 million (-59% YoY) when compared to Q2/2016, and a decrease of THB 1,091 million (-52% QoQ

Business categories Operat ed by For the three-month period ended 30 June % Change Increase (Decrease) For the six-month period ended 30 June % Change Increase (Decrease) 2017 2016 2017 2016 THB mm % THB mm

decrease in net profit ratio (ROS) from 17.16% in the nine-month period of 2018 to 15.74% in the same period of 2019. The total expense to total revenue ratio increased from 13.55% in the nine-month period

exchange rate, resulting in a decrease in net profit ratio (ROS) from 16.00% in 2018 to 14.78% in 2019. The total expense to total revenue ratio increased from 13.32% in 2018 to 17.46% in 2019. 1. Overview