- Palm oil trading business : gross profit amount 45.19 million baht or 100 percent Since the palm oil business has commenced operations on 1 October 2018 3. Sales and service income of the Company

152,513 (78.3%) Food and beverage revenue 89,137 174,164 (48.8%) Other revenues 55,671 72,147 (22.8%) Hotel income 177,887 398,824 (55.4%) Cost of sales and services 210,143 267,394 (21.4%) Operating

Baht 20.04 million or 5.63% as the company had increased the sale of Cosmetics and Consumer Products. Income from warehouse rental services of Baht 5.29 million, increased from last year by Baht 0.11

. Thus, the details of the Company group can be described as follows: Management Discussion and Analysis, Q2/2019 Page2/4 Summary of Income Statement Unit: Million Q2/2018 Q2/2019 Change % Change 6M/2018

interest paid. According to the above mentioned reasons, the Company’s profit before income tax was 6.37 million baht. It decreased 8.77 million baht or equivalent to 57.90 % and after deducting corporate

brokerage income from reinsurers” total THB 520.10 million for the 2 nd quarter of 2019. This is an increase of THB 55.56 million (12%) relatively to last year figure. Nevertheless, underwriting profit has

Company recorded Baht 33.43 million loss on disposal of assets and Baht 11.73 million Income tax income (expense). Please be advised accordingly. Yours Faithfully, Prasertsak Suwanpotipra Managing Director

sales (300,548) (84.6%) (286,069) (80.7%) 14,479 5.1% Gross profit 54,511 15.4% 68,457 19.3% (13,946) (20.4%) Other income 3,847 1.1% 143 0.0% 3,704 2,590.2% Selling expenses (7,869) (2.2%) (7,445) (2.1

project management 195.2 4.7 280.0 8.4 84.8 43.4 Dividend income - - 0.3 - 0.3 100.0 Gain from transfer of right for land purchase and sale agreement 312.0 7.5 - - (312.0) (100.0) Gain on disposals of

was 0.96 times which reflect a capability for the Company to acquire more bad debt in the future. Summary of Revenues and Net Profit Q1/2017 Q1/2018 Change MB. % MB. % MB. % Services income from debts