expenses but there is some fix cost that we can’t decrease, the ratio of selling and admin expense is almost the same with last year. • We have to record special transaction in consolidated statement for

percent To The President of the Stock Exchange of Thailand Management’s Discussion and Analysis Consolidated Financial Results for the three-month and the six-month : Q2/2017 For the three-month ended 30

/2017 period, Total Consolidated Revenues of Baht 4,854.8 million, an increase of Baht 137.0 million (or 2.9%) YoY, comprising of Total Hotels Business Revenues of Baht 2,093.9 million and Total Food

. Financial performance Statement of income Consolidated Financial Statements for Quarter 1 of 2019 Quarter 1 of 2018 Change (Unaudited but reviewed) (Unaudited but reviewed) Increase (Decrease) THB Million

Notifications”). The transaction size is 1.29 percent as calculated based on the total value of consideration criterion which granted the highest result, referenced from the consolidated audited financial

performance Statement of income Consolidated Financial Statements for Quarter 2 of 2019 Quarter 2 of 2018 Change (Unaudited but reviewed) (Unaudited but reviewed) Increase (Decrease) THB Million % THB Million

Quarter of 2019 KCE Electronics PCL has the pleasure of reporting the operating results of the Company and its subsidiaries ("the Group") for the second quarter of 2019 based on reviewed consolidated

MONTHS ENDED JUNE 30, 2019 1. Analysis of operation results for Second quar ter of 2019 in compar ison with those for the same quar ter of 2018 (from the consolidated financial statements) Items Second

-month period profit and loss ended June 30th, 2018 and 2017 Unit: Million Baht Profit and Loss Statement Consolidated Financial Statement Comparison of Haft-Yearly Separate Financial statement In(De

less than 50.17% over the transaction period. - 2 - Transaction size The calculation of the transaction value is based on the financial information set out in the consolidated financial statements of the