operations which includes retail leasing improved by Baht 4 million due largely to the increase in occupancy and rental rate of Thai Wah Tower I. • Other income declined by Baht 283 million and this is

income increased more than 100% because, on February 15, 2560, the Company agreed to sell the investment assets of 23 rai, at the price of Baht 38 million, resulting in a gain on sales of Baht 24.96

as highlighted below ; (Unit : Million Baht) Separate financial statements 2017 2016 % Change Sales and Service Income 1,979.16 1,986.34 -0.36 Cost of sales and Services 1,525.25 1,449.23 +5.25 Selling

increased by 32% y-y and 6% q-q. In addition, the Company has other incomes from bad debt selling in the fourth quarter of 2019 at the amount of 329 million baht. Moreover, the income for the fiscal year of

Company Limited operating result for the year 2018 compare to 2017 and Statement of financial position as at 31 December 2018 compare to as at 31 December 2017 can be summarized the important essence as

, as at March 31, 2019, the consolidated debt to equity ratio was 0.43 time and the consolidated net debt to equity ratio was considerably low at 0.26 time. Overall Financial Performance and

income lower than target. o Changing the fiscal accounting year of the company in Malaysia to be ending at December caused the customers to buy a big volume in last December 2018 and reflect to less buying

foreign exchange hedging at Baht 3.3 million. Other income from sales of scraps, obsolete machine and equipment reported at Baht 1.8 million. Gross profit was down from 35.2% to 33.1% due to the increase in

- - Total revenue from sales & service 770.1 686.0 12.3% 771.8 -0.2% Cost of sales 349.1 322.2 8.3% 355.1 -1.7% Gross profit 421.0 363.8 15.7% 416.7 1.0% % 54.7% 53.0% 54.0% Other Income 4.3 3.6 21.2% 3.5

. - Management fee income in Q1/2019 amounted 20.81 million baht increased by 10.81 million baht or 108.10% from 10.00 million baht in Q1/2018 due to the increase in revenue from joint venture project and juristic