36.3% YoY to THB 1,992mn, predominantly due to the increase in revenue from hotel operations as a result of the hotel portfolio expansion, together with revenue from the termination of hotel management

Baht respectively. The expenses increased in line with the number of sales and marketing staff resulting to the increase of sales compensations and commissions. Administrative expenses For the year

, KCE temporarily closed down one of its PCB factories (KCE International), reduced our headcount, and reduced working hours to two weeks per month to be in line with a decrease in production capacity

closed 5 housing projects. 2. Revenue from hotel business: In 2019, revenue from hotel business increased by Baht 148 million or 16% increase compared to the same period of 2018. This was mainly due to an

increase of Baht 57.4 million from Baht 805.9 million of Q3/2017 to be Baht 863.3 million in Q3/2018 or 7.12% increased from last year’s which was in line with sales growth. The gross profit in Q3/2018 was

in the future. The key objective is to put in place a new licensing regime whereby a more specific type of license could be issued to be in line with the applicant's business model. This aims to

helps mitigate risks, turn crisis into competitive advantage and create sustainable growth. This is in line with the government’s policy on promoting the development of SMEs, startups as well as their

the Thai baht remained in line with those of other currencies in the region, close monitoring of short-term capital flows is necessary. The overall financial system remained stable and resilient to

performance of the Group Unit: Million Baht 2018 2017 Increase (decrease) Variance (%) Total revenues 8,080 7,165 915 13% Net profit 526 272 254 93% The Group has total revenues of Baht 8,080 million for 2018

of foreign tourists continued to increase due to the relaxing of outbreak control measures and international travel restrictions. As the result, the commerce and service sectors recovered and the