1.84 Baht per common share. 2.4 Profitability Description Unit For the year ending 31 December 2018 2017 Gross Profit Margin % 4.97 7.38 Net Profit (Loss) Margin % 12.63 5.26 Debt to Equity ratio Times

paid-up capital of 7 0 0 ,0 0 0 Singapore dollars, or approximately 17 ,801 ,000 baht, divided into 700 ,000 common shares with a par value of 1 Singapore dollar per share. Shares held prior to

expense for the annual staff seminar which was postponed from late 2016 for THB 1.69 million or 0.51% of total six-month revenue and recorded loss from closing Maygori at the Common Thonglor branch

seminar which was postponed from late 2016 for THB 1.69 million or 0.32% of total revenue and recorded loss from closing Maygori at the Common Thonglor branch amounting THB 0.96 million or 0.18% of total

. While performance was strong and stable, Suntowers underwent various value enhancement projects, including refurbishment of common area, adding new retail tenants, conversion of a retail space (day-market

refurbishment of common area, adding new retail tenants, conversion of a retail space (day-market format) to a 2-storey air-conditioned shopping place “Sun Plaza”. These projects enhanced competitiveness of the

. Then, the Company had net profit 0.49 Baht per common share. 2.4 Profitability Description Unit For the year ending 31 December 2017 2016 Gross Profit Margin % 7.38 7.08 Net Profit (Loss) Margin % 5.26

% (620,591) (1,261,868) 51% Basic Earnings (Loss) per share Loss (Baht per share) (0.0073) (0.0762) -90% (0.0273) (0.0827) -67% Weighted average number of common shares (Thousand shares) 22,740,610 15,257,471

Company and its subsidiaries immediately recorded commission as selling expenses when the transaction occurred. 2) In case of free transfer fee and common area fee (if any) are considered payable to

%) Issued and fully paid-up common share (Million Share) 517.82 517.82 0.00 0.00% Par (Baht) 0.50 0.50 0.00 0.00% Management's Discussion and Analysis and operating results for the Quarter 1’ 2018 Page 5 / 6