million or -40.62% YoY. The main reason for the decline in user spending was the inflationary situation of the country's economy, causing the consumer purchasing power to decrease, together with the

38,459 million in net profit, increasing Baht 4,121 million or 12.00 percent compared to the year before. The increase was mainly due to a decrease of Baht 9,278 million or 22.19 percent in allowance for

Profitability (2.1) Revenues from Sales and Services Description Year 2018 Year 2017 Increase / (Decrease) Million Baht % of Total Revenue Million Baht % of Total Revenue Million Baht % Revenues from Sales

of previous year by 3.92 percent, net profit in the 1st quarter 2018 of Baht 140 million, which increased from the same period of previous year by 3.28 percent, due to the decrease in depreciation

Company and its subsidiaries recorded total sales of Baht 1,174 million, a decrease of 19% YoY, occurred from a decline in domestic branded sales and impacted from financial statement adjustment in

services income would decrease by 226.32 million Baht or 5.31% due to the declining in raw water sales volume). In 2017, the company was able to control the cost of raw water business effectively, especially

portfolios were closed since the second half of March 2020. As a result of the decrease in the overall average daily rate and occupancy rate, the Revenue per Available Room (RevPAR) decreased by 435 THB/night

. Other businesses Other businesses, covering construction service and project management service, generated revenue at THB 39m in 1Q2020, 61% dropped from 1Q2019, due mainly to the decrease in revenue from

400,000 100.00 554,317 100.0 Page 2/11 In this regard, the transaction is not classified as a connected transaction as defined by the applicable notifications of the Capital Market Supervisory Board and the

Summary The operating results for the year ended 31 December 2018 were that the Company generated total revenues of 8,813 million Baht, a decrease of 458 million Baht or 5% as compared to 2017. This