1Q2018 were 8.62% of net sales, gently increased from 8.17% in 1Q2017. Share of Loss from Associated Companies The consolidated share of loss from associated companies based on the equity method in 1Q2018

6M2016 mainly from higher freight cost from higher export volume and increasing of transportation cost. Share of Profit from Associated Companies The consolidated share of profit from associated companies

to the SET. Furthermore, the Board of Directors’ Meeting has approved as one of the conditions precedent under the Equity Purchase Agreement that the companies related to the Target Group Hotels and

Management Discussion and Analysis for the 2nd Quarter 2020 Page 5 of 14 Share of Profit from Associated Companies The consolidated share of profit from associated companies based on the equity method in

from associated companies based on the equity method in 3Q2017 was THB 64.92 million, dropped by THB 16.05 million or 19.82% down from 3Q2016. Share of profit contributed from McKey was THB 42.02 million

were 8.34% of total sales, slightly increased from 8.24% in 2018. Share of Profit from Associated Company The consolidated share of profit from associated companies based on the equity method in 2019 was

companies based on the equity method in 2018 was THB 71.13 million, decreased by THB 200.89 million, or 73.85% down from 2017 mainly from GFN’s loss contribution was THB 70.98 million, decreased by THB 171.05

Total Shareholders’ Equity 9,443.25 63.06 10,779.09 66.70 12,160.98 70.03 Total Liabilities and Shareholders’ Equity 14,976.32 100.00 16,160.33 100.00 17,365.56 100.00 Comprehensive Income Statements of

, securities business, as well as private equity investments in some companies, preliminarily, in food business, products and services for health business, and other interesting business. It is expected that the

, securities business, as well as private equity investments in some companies, preliminarily, in food business, products and servic es for health business, and other interesting business. It is expected that