from rental income 0.95 1.19% 1.10 1.37% 0.14 15.18% Total Revenue 79.65 100.00% 80.13 100.00% 0.48 0.60% Gross Profit / Margin 17.80 22.34% 17.87 22.30% Net Profit / Margin (2.43) (3.04%) (8.14) (10.16

(FIDF). Net interest margin (NIM) therefore stood at 3.49 percent. Meanwhile, other operating expenses decreased by Baht 3,695 million or 17.45 percent, over- quarter. As a result, our cost to income

decreasing in overall sales volume. The consolidated gross profit margin contributed of 13.12% in 1Q2018, decreased from 15.28% in 1Q2017. The participating loss from associates was THB 44.72 million in 1Q2018

million THB respectively, resulting in gross margin of 15.00% and 16.47%. Cost of sales can be broken down for turnkey business and for supply and maintenance of which mostly are materials, service / sub

% EBITDA 115 (68) -159.4% Adjusted EBITDA* 115 153 33.0% Net profit (loss) (excl. minority interest) 40 (129) -417.5% Net profit from operation** 40 51 25.0% Gross profit margin 34.4% 24.0% EBITDA margin

cost, higher online travel agency costs, and employee costs to support the expansion of hotel business. 1Q18 EBITDA margin was 25.5%, compared to 23.0% of the previous year. In 1Q18, depreciation and

boost up utilization rate over the existing capacity, but also leverage the Company distribution networks of over 180,000 retailers nationwide. Revenue from sales by product group Unit: THB million 2019

the parent 29.77 16.62 13.15 79.12 Gross Profit Margin (%) 26.46 21.20 Net Profit Margin (%) 11.72 7.41 Remark: 1) Net profit margin is calculated from the net profit attributable to equity holders of

directions that focus on effective, timely and proactive integrated risk management (IRM), internal operation efficiency, maximized resource utilization, along with better IT systems, to ensure that we will

and within the established targets. Our net interest margin (NIM) equaled 3.43 percent – slightly higher than the preceding quarter. Our cost to income ratio rose marginally from the previous quarter to