which order in past year can be sold as well. As a result, sales increased significantly from the previous year. Inventories, as at December 31, 2017 has average level close to the previous year. As a

Hua Hin. EBITDA margin is estimated around 15% close to 2017 core EBITDA margin of 15.3%. Consolidated CAPEX is estimated at THB 355 million for the hotel renovation in Maldives, Pattaya and Srinakarin

had better expense control. 17.1% 13.4% 15.8% 20.4% +15% *Note: There was a loss from the close-down of Don Muang branch amounting to THB 4.2 million recorded in Q3/2018. Management Discussion

planed in both countries. Moreover, the company sees potential in growing vending machine channel, where potential partner has been identified and the company expect to close the deal within 2019

of inventory and close cooperation in monitoring the debt of the finance department and the sales department closely will result in the company group returned to have a higher working capital ratio

dollar. (Separate: Baht 194 million) Selling expenses Total selling expenses of the Company and subsidiary amounting to Baht 109 million which close to previous quarter and decreased by Baht 44 million YoY

previous accounting standards, Q2/2019 total sales would have been Baht 1,310 million which would be close to Q2/2018 total sales of Baht 1,327 million.  In H1/2019 ending 30 June 2019, the Company and its

delivered within 3rd quarter of 2019 in order to fulfil the contract. The Company had the cost of Refining service to revenue of 79.16%, That is close to the previous service cost rate. 3. Cost of Sea Freight

business operation. For those reasons, the Company aimed to close sales of total project as soon as possible. 2) the Diplomat 39 and the Diplomat Sathorn made a total of 19.1% of total revenue in 2018. The

of the Company in Group of Hypermarkets such as Tesco Lotus, Big C, Home Pro, etc. are needed to close their shops according to the Government’s rule. Moreover, the decrease of sales revenue