1.05 1.65 -0.61 -37% Total revenues 220.14 303.21 -83.07 -27% Cost of sales and services 173.42 225.71 -52.29 -23% Gross profit 45.68 75.85 -30.18 -40% Gross profit margin 21% 25% SG&A 41.08 54.22 -13.14

PEA tariff of which Ft is a major component. With situation of a stable gas price this year if Ft trends is continuous to increase, it would be favorable to our operating margin, i.e. electricity sales

13.2% 433.4 358.5 20.9% Other Income4 58.6 22.2 163.7% 141.7 96.5 46.8% Administrative Expenses (37.5) (28.8) 30.2% (82.4) (84.8) -2.9% Finance Costs (84.2) (104.3) -19.3% (282.7) (361.8) -21.9% Share of

Sales 9,643.6 10,351.4 9,933.1 Gross margin, (%) 20.3% 26.0% 30.0% Selling &Administration 1,612.8 1,804.3 1,817.6 Net Profit 934.5 2,014.9 -53.6% 2,544.5 -20.8% 7.7% 14.4% 17.9% The year 2019 continued

baht 10,474 12,123 12,547 Gross profit margin (%) 20.47% 22.84% 25.49% ratiosConsolidated financial 2019 2018 2017 Financial data and profitability ratios (continuous) Operating expense (including

11.86% Finance cost 19.72 18.41 (1.31) (6.64%) Income tax expenses 17.98 22.21 4.23 23.53% Net profit 70.57 80.50 9.93 14.07% Net profit ratio (ROS) 20.41% 18.98% Earnings per share (Baht) 0.13 0.15 0.02

) (19.89%) 710.90 580.63 (130.27) (18.32%) Earnings per share (EPS) 0.21 0.17 (0.04) (19.89%) 0.43 0.35 (0.08) (18.32%) Note: 1) Revenue and Cost that were recognized when there is construction under

expenses 690.1 107.2% 567.9 93.8% -122.2 -17.7% Profit (loss) from operating activities -46.4 -7.2% 37.3 6.2% 83.6 - Finance costs 10.9 1.7% 7.0 1.2% 3.9 -35.6% Share of loss of associate accounted for using

11.67 0.56 6.05 Total cost of sales 54.04 100.00 84.21 100.00 30.17 55.83 Proportion of cost of sales to sales revenue (%) 26.72 44.27 Gross Profit Margin (%) 73.28 55.73 Note: /1 Other costs of goods

conventional media sectors. The TV sector with the highest market share at 64.8%, fell 7.4% YoY to THB 65,786mn and Traditional media (Newspaper, Magazines and Radio) with a 13.9% market share, declined by 21.7