th erty develop es & Shareh he period e baht less th nd extend d return of th ing of Shar increasing. equity ratio ou have bee ly Yours, d – phot Wanna xecutive Off on and Analysi pany Limited m loans

achieve the target especially in second half of the year due to the decline of Chinese tourists and economic slowdown in several countries especially in Europe which negatively affect spending power of

. Excluding the consolidation of our Outdoor and Digital Services business, our revenue improved organically by 19.8% against a backdrop of double digit decline in overall advertising spending. Despite the

shareholder return. Nevertheless, the ratio of SG&A to revenue decreased to 27.3% (prior year: 30.9%), from higher revenue growth. The Company expects that the ratio should be maintained at no more than 30

recorded an increased revenue coinciding with global crude oil price, leading to increased gross profit, but saw production and sales volume decrease according to the Natural Decline Curve. There was also

statements due to limitation on scope of audit imposed by the STHAI management in various matters including quantities and unit prices of inventories, allowance for decline in value of inventories, and

Baht 7.18 million, a decline of 2,453.53%. The Company would like to clarify significant changes in the Group’s operating results as follows: 1. Revenues from sales and services for the year 2018

Sale Activities decreased by 73%. The decline of Project Sale Activities to 359 million Baht was primarily a result of the postponement of a few projects worth approximately 100 million Baht to be

2017, the loss was Baht 0.53 million, a decline of 15,684%. The Company would like to clarify significant changes in the Group’s operating results are as follows: 1. Revenues from sales and services for

exercise of warrants and has reserve cash to pay for raw materials and more inventory of 190.16 Million Baht, decline in short term investment of 121.99 Million Baht due to subsidiary (RWI) paid for raw