income from business operation due to the high interest rate of 14-15 percent per year according to the loan contract. Such facts caused the GL financial statements to be in contravention of Section 56 of

(4.89) (59%) 4. Profit from sale un-used Land - - 132.39 - - 5. Selling expenses, administrative expenses and financial cost 63.97 55.22 57.03 8.74 16% 6. Income tax expenses 9.96 9.60 35.97 0.36 4% 7

64.38 26.51 Finance Cost 193.00 2.42 123.89 1.95 69.11 55.78 Exchange Losses (Derivatives) 124.13 1.56 131.69 2.07 (7.56) (5.74) Income Tax 275.40 3.45 328.32 5.15 (52.92) (16.12) Total 1,691.56 21.21

performance Revenues Type of Revenue Jan-June 2018 Jan-June 2017 THB (m) % THB (m) % 1. HR Solutions 1.1 Human Resources and Payroll Outsourcing-services 119.48 46.98 109.78 46.89 1.2 Income from software and

investments 165 158 7 4% Profit (loss) before income tax (473) 709 (1,182) (167%) Income tax (13) (129) (116) (90%) Non-controlling interests 11 (10) 21 213% Profit (loss) for the period (475) 569 (1,044) (183

” to practice and there was no retrospective restatement of previous year as comparative. According to the above mentioned reasons, they affected to the Company’s loose before corporate income tax amount

% (8) (8) - 0% Corporate income tax (2) (1) (1) 100% - - 0% Earnings (Loss) for the Period (19) (88) 69 -78% (51) (63) 12 -19% Sales and service income Revenue from sales and services of the company in

in subsidiary - (25) 25 100.00 Loss on exchange rates (4,456) (2,971) (1,485) 49.98 Profit (loss) before finance cost and income tax expense 5,403 (4,952) 10,355 209.11 Finance cost (2,962) (485

% - - Administrative expenses 9.73 25.55% 12.75 34.62% (3.02) (23.67%) Total expenses 19.50 51.19% 22.29 60.53% (2.79) (12.52%) Profit before finance cost and income tax expenses 18.59 48.81% 14.53 39.47% 4.06 27.91

Road Accident Victims Protection Company Limited. 3. Increase of income tax benefits from last year in the amount of 10.13 million baht. Kindly be informed accordingly. Yours sincerely Wichai