(130.08) (100.22) 30.86 30.79% 5 Finance costs (14.29) (9.86) 4.43 44.93% 6 Share of profit (loss) of associates - (20.68) (20.68) (100.00%) Profit before income tax 43.35 28.22 15.13 53.61% Income tax

Development Plc. would like to inform its financial results for the year 2019 which ended on 31 December 2019. The Company and its subsidiaries reported a net profit of THB 177.45 million or earnings per share

from related parties 3 1,955,244 1,117,518 43% Other payables and accrued expenses 18 80,140 117,928 -47% Employee benefit obligations 181,265 143,059 21% Other non-current liabilities 1,062 1,389 -31

million, an decrease of Bt6.3 million or 2.7% (y-o-y) from Bt237.5 million, representing a net profit margin of 26.3% which has an earnings per share of Bt0.36. Excluding these special item, the net profit

holders of the Company of Bt271.8 million, a decrease of Bt22.8 million or 7.7%(y-o-y) from Bt294.6 million, representing a net profit margin of 30.7% which has an earnings per share of Bt0.43. Excluding

for non-current liabilities Employee Benefits 1,159,634.33 683,219.00 Total Non – Current liabilities 167,494,681.05 683,219.00 Total Liabilities 315,080,985.61 56,475,812.10 Shareholders' Equity Share

) (282) -31% Net profit attributable to owners of the parent 620 370 68% (1,546) 140% 1,732 2,463 -30% Basic earnings per share (Baht) 0.38 0.27 (1.12) 1.18 1.79 Note: 1/ EBITDA from Refinery Business of

to SPP Intelligence Co., Ltd. (the “Purchaser”) at an approximate price of Baht 1.80 per share, amounting to the total of Baht 9,000,000 or the price after adjustment according to the statement of

share, amounting the total of Baht 256,500,000 as per the Sale of Shares Agreement of NU dated 13 July 2018, with the precedent condition that the Company as the seller must receive the approval from the

loss ratio decresed due to selling prices has volatility , Therefore resulting in the Company's gross loss decresed. (%) (Unit : Million Baht) 2019 2018 Loss before share of loss on investment in