discussion and analysis for the year as at 31 December 2017, as follow Analysis of Financial Performance Full Year 2017 Revenues Revenues Accounting Year 2016 2017 THB Mn % (1) THB Mn % (1) Revenue from Sales

year 2016; whereby sales revenue of 2017 is at the amount of 956. 85 million THB equivalent to 99. 83% of total revenue and sales revenue in 2016 is reported at 569. 77 million THB or equivalent to 99.79

from 44.6% to 41.2% of revenue from sales, this effect to profit after tax for the three-month period decreased from Baht 62.6 million to Baht 45.29 million in the 4th quarter of 2018 or 27.6

subsidiaries’ total revenue earned for Q2/2019 totaled Baht 219.93 million, decreased from the Q2/2018 totaled Baht 405.76 million, which was decreased of Baht 185.82 million or 45.80 percent. Sales Revenue The

The difference of rates revenue by segment (%) 26.49 (100.00) (74.23) 18.34 (64.38) 17.89 Sales cost variance (million Baht) 95.62 (10.25) (6.19) 79.17 0.00 79.17 The rate of sales cost variance as

) Revenue from Sales and Service 1,766.1 96.7 2,142.0 96.2 Franchise Fees Income 39.0 2.1 49.3 2.2 Other Income 21.2 1.2 35.0 1.6 Total Revenue 1,826.3 100.0 2,226.3 100.0 Remark: (1) Percentage of Total

] FX: THB/USD 32.0754 33.7691 35.018 Sales Revenue 13,982.5 14,195.4 -1.5% 13,797.5 +2.9% [ Sales Revenue, USD $435.9 $420.4 +3.7% $394.0 +6.7% ] Cost of Sales 10,351.4 9,933.1 8,985.0 Gross margin

(%) Revenue from Sales and Service 831.63 749.13 82.50 11.01% Total Revenue 840.17 757.67 82.49 10.89% Net Profit for the Period 167.41 150.18 17.24 11.48% Net Profit for Shareholders of the Company 137.32

sales and expenses are at 199.47 Million THB or 88.56% of total revenue in the first half of 2017 and at 90.55 million THB or 96.96 % of total revenue in the same period of 2016 whereby the positive

favorable business performance. The Company reports the total revenue of 600.91 million THB in 2017, increased by 262.06 or 77.34% compared to the same period of 2016. With regards to cost of sales and