million. This is a decrease from Q2/2019 by Baht 188 million or 17% and decreased from Q3/2018 by Baht 6 million or 1%. The main reason for the decrease in net profit for the company is mainly from the fall

Increase/(Decrease) Baht million Baht million Baht million % Revenue from Sales and Services 388.0 422.0 34.0 8.8 - Operating Revenue1 377.6 420.6 43.0 11.4 - Other Income from Utilities Business2 10.4 1.4

due to the decrease in Chinese tourists, there was impact from closed partial hotel’s area for renovation Ibis Styles Chiangmai Hotel in the third quarter of 2019 and the smoke pollution crisis in

16.50% compared to the revenue of 2018, mainly due to the decrease in Chinese tourists, there was impact from closed partial hotel’s area for renovation Ibis Styles Chiangmai Hotel in the third quarter of

from Operating Activities Cash from operating activities was Baht 601.7 million. The main components were (i) deposits received from sales of investment in subsidiary, (ii) decrease in trade and other

% 3Q16 2Q17 3Q17 Sales Other income Revenue Component 64.35% 64.75% 63.92% 35.65% 35.25% 36.08% 3Q16 2Q17 3Q17 House brand Other brand Sale Component by Brand The decrease of 9M17 sales was attributable to

17.99 million which significant decreased comparing to the same period of the last year due to the above-mentioned cause of the decrease of Sharing of gain (loss) from investment value of the associates

% from the quarter 3/2017 but still decrease by 4.5 percent from the same period of last year. The gross margin of the year 2017 was 1,692.7 million baht calculated as 32.2% of revenue from sales. The

sourcing and import. Analysis of Financial Performance Revenues Business categories Operated by For the year ended 31 December Changes Increase (Decrease) 2017 2016 THB mm % THB mm % Sales 1. Sales from

-year, mostly due to a decrease in Honda sales. Cost of sales and services slightly increased in accordance with higher sales. Gross profit margin as percentage of sales improved from 7.62% in 2018 to