of lower utilization rate; and 3) higher finance costs due to higher borrowings as a result of previous investments in machinery, subsidiaries, and joint ventures. However, there is an improvement

expenses (9.16) (9.48) (0.32) 3.55% (20.45) (17.26) 3.19 -15.59% Share of gain of investments in associate 0.04 2.86 2.82 7803.29% 0.07 2.89 2.82 4130.50% Finance costs (0.08) (0.07) 0.01 -11.94% (0.16

associate 0.03 (0.04) (0.08) -223.42% 0.10 2.85 2.75 2679.11% Finance costs (0.09) (0.04) 0.04 -51.31% (0.25) (0.18) 0.07 -29.06% Profit before income tax expense 26.74 10.95 (15.79) -59.07% 85.08 51.63

(34.09) -89.88% Share of gain on investments in associate 2.86 (1.44) (4.30) -150.28% 2.89 (1.61) (4.50) -155.77% Finance costs (0.07) (0.07) (0.00) 2.63% (0.13) (0.14) (0.00) 2.07% Profit before income

rendering spaces including Index Mall Bangna, Little Walk Pattaya, and Index Mall Chaiyapruek from the end of 2018 to the first quarter of 2019, while revenue would gradually increase. Distribution Costs For

, costs and expenses which has significant impact in Q3-2017 can be shown in the following table:- Balance by Quarter Changes Q3-2017 Q2-2017 Q3-2016 Q3-2017 VS Q2-2017 Q3-2017 VS Q3-2016 (MB) (MB) % (MB

from Main Businesses 710.6 100.0% 724.1 100.0% Costs of foods and beverages 253.0 35.6% 263.5 36.7% Other operating expenses 287.1 40.4% 294.1 40.6% Costs of Sales and Service 540.1 76.0% 557.6 77.0

of the year 2018 which was Baht 156.18 million for Baht 14.32 million or -9.2% due to decrease in employees and management benefits and reward of subsidiaries as significant. Finance costs Finance

costs and income tax 318.62 7.1 213.98 4.6 104.63 48.9 Finance costs 75.93 1.7 73.27 1.6 2.66 3.6 Profit before income tax 242.69 5.4 140.71 3.0 101.98 72.5 Income tax expenses 50.20 1.1 31.90 0.7 18.30

previous year. The majority of the Company’s expenses came from employee benefits expenses, fee and service expenses, and finance costs, as follows: 2.1 Employee benefits expenses The Company’s employee