equivalent to 185.4% over the same period last year, due primarily to the share of loss of Nguyen Kim last year before consolidation in June 2019 and increase in profits from Gucci joint venture. 9. Tax

Net tangible asset (NTA) NTA of the transaction x Selling ratio/ NTA of the listed company 14,000*100/587,309 2.38 percent 2 Net profit basis Net profits of the buying or selling company x ratio of

three-month period ended 31 March 2020, the Company and its subsidiaries had net profits of THB 95.26 million, an increase of THB 14.76 million or 18.34% from the same period of previous year because of

the same period of the last year. The decrease was primarily due to a decrease in profits from Joint ventures and associates from the store closure under government measures. 9. Tax expense (income) was

depreciation and finance cost. 8. Share of profit of associates and joint ventures was THB 84 million, increased by 6.6% from the same period of the last year, which was primarily due to an increase in profits

consolidation method after raising stake from 49% to 100% in Q3’2018, 2) lower profits at our associate named BGSENA as there was a deferred financing fee write- off from refinancing in the amount of Baht 9

profits by 12.5% as a result of higher efficiency gains from effective cost controls, despite a decrease in total revenue by 3.4% primarily due to the decline in revenue from sales, consistent with the

) lower profits at our associate named ABPIF and 3) lower profits at our associate named BGSENA as there was a deferred financing fee write-off from refinancing in the amount of Baht 9 million in May 2019

THB 1.61 million. Such net profits include net profit attributable to equity holders of the Company in 2018 of THB 15.44 million (2017: THB 19.08 million). Financial position Financial Position

2018, the Company focused on the management strategy of installing Boonterm Kiosk while the year 2017 focused on expanding the installation points of Boonterm kiosk. This resulted in profits from the