marketing communications business to government and private sectors in this quarter such as concert stage equipment rental, revenue recognition of the 2020 in Dubai, United Arab Emirates World Expo that

% HMT (Ohio, USA) 4% 4% 5% 4% 5% 100% 100% 100% 100% 100% Gross Profit / Cost of Sales Analysis and Sales and Administration Analysis The Gross Profit margin was 1 percentage points lower at 14% in Q218

Public Company Limited Management Discussion and Analysis Operating Results for the period as at 30 Jun 2018 Page 2 of 4 T.K.S. TECHNOLOGIES THB ‘000 Property, plant and equipment 678,347 Other intangible

Airport Media, while Trans.Ad Group’s cost is mainly from hardware and software. As a result, overall gross profit margin was decreased from 46.9% to 35.6%. THB (mn) 2018 (Restated) 2019 YoY (%) Operating

of international tourists. Private investment is prone to recover in the second half of 2017 especially in automobile equipment, consistent with significant growth of passenger car sales in Q3

from operation 104 226 118.2% Net profit (exc. Minority Interest) 102 221 116.5% Gross profit margin 55.1% 58.2% EBITDA margin 23.5% 37.3% NPAT margin (from operation) 14.1% 24.3% NPAT margin (exc

three months ended 31st Dec 2019, the Company and its subsidiaries had gross profit margin of 12.00 percent, compared with gross profit margin of 12.49 percent in the same period of the previous year

margin fell to 1.7% (1Q 2019; 9.0%) • Reported net loss of THB 807mn (down 238% YoY), from the aforementioned lower EBITDA as well as higher share of loss from joint ventures and higher depreciation and

expenses as a result of Company’s response plan to COVID-19. EBITDA margin fell to -17.7% (2Q 2019; 22.3%) • Reported net loss of THB 1,213mn, from the EBITDA shortfall as well as higher share of loss from

profit. 2. GROSS PROFIT FROM HOTEL OPERATIONS In the second quarter of 2020, the negative gross margin of hotel operations was THB 12.31 million. The hotel operations had the negative gross margin