to FX Gain5 (31.4) 0.0 N/A 3.8 0.0 N/A One-time Accounting Adjustment6 0.0 0.0 N/A 0.0 (59.8) -100.0% Impact of Accounting Standard (TFRS 9 and TFRS 16) (6.1) 0.0 N/A (8.9) 0.0 N/A Normalized Net

every business segment.  In Q4/2018, the Company and its subsidiaries recorded loss of Baht 143 million, including 2 one-time expenses which were non-cash items, totaling Baht 51 million including higher

the same quarter of 2016, the Company recorded the one- time profits generated from the sales of the investment funds in HD Distributor (Thailand) Co., Ltd. in the amount of THB 84.5 million. In

(5.7%) 58(9.7%) (39.6%) Company 46.6(7.5%) 77(12.8%) (39.4%) TBSP 4.2(0.7%) (5)(0.9%) 178.4% Marvel Pack 0.1(0.01%) - 100.0% NP from operating 50.9(8.2%) 72(11.9%) (29.0%) One-time gain 0.9(0.1%) - 100.0

JVs /3 Excluding FX impact and one-time gain/(loss) items In the first quarter of 2019, the Company had the net profit of THB 406.6 mm, which decreased by THB 373.3 mm or 47.9%, compared to the same

investments in associates and JVs /3 Excluding FX impact and one-time gain/(loss) items During 2018, the Company had reported net profit of THB 2,906.8 mm, which decreased by THB 359.6 mm or 11.0%, compared to

an increase in total revenue of 81% YoY. These were mainly from a (one-time) recognition of an upfront 50-year lease payment of a certain office space at Singha Complex and higher contribution from

as a result of higher depreciation from investments in machinery; 3) higher financial costs from investments; 4) one- time employee compensation of Baht 32 million; and 5) one-time loss from selling

to revenues and salary & benefits of staff decreased due to cost saving policy by proper human resource management. Cost saving plan will be more effective starting 2Q/2020 One-time expenses For the

attributable to Owners of the Parent 43.5 424.2 -89.8% Foreign Exchange Loss / (Gain) 5 143.2 (94.6) -251.3% Income Tax Related to FX Gain6 35.2 0.0 N/A One-time Accounting Adjustment7 0.0 (59.8) -100.0% Impact