the year of 2018 L&E’s consolidated profit for full year 2018 was posted at Baht 116.9 million, up 90% or Baht 55.5 million from a year earlier, which can be summarized as follows: 1. Gross Profit

decreased by Baht 217.1 million or 49.0% compared to the same period last year which was resulted from the renovation of the River Wing building that included the closure of 338 guestrooms, Verandah

annum and reversed the accrued interest which has been recorded at the default rate of 15%, accumulated from the default date until the beginning of 2018 to be the rate of 8.50% per annum, total amount of

have been lowered only 18% or Baht 21.0 million Y-O-Y, which can be summarized as follows : 1. Gross Profit including Other Income down Baht 22.0 million Y-O-Y , caused by lower sales revenue due

the year ended 31 December 2019, the company had a loss of 3.33 million baht for the year (loss of 0.33 baht per share) compared to the previous year which had a loss of 47.18 million baht (loss of 4.72

trading business, which started operations from 1 October 2018. Gross profit and gross profit margin Consolidated financial statements* 2019 Separate financial statements 2018 Increase (decrease) Million

exhibit a slow growth, increasing 4.2% from last year. The number of Chinese tourists which made up 28% of total tourist arrivals recovered in the second half of the year with growth of 4.4% for total year

to growing gross profit from rental and rendering of service which increased by 61.8% from THB 53.4 million to THB 86.4 million, whilst gross profit from sales of goods decreased by 1.4% from THB 222.4

a new production line which provided more capacity in order to serve higher demand from customers. 2. Sales cost to revenue ratio decreased by 4.15% (from 93.86% to 89.71%) because the improvement of

of Consideration Paid criteria, which is below the 15% threshold. Please be informed accordingly. Yours sincerely, ______________ Mr. Yeap Swee Chuan President & CEO