commercially launched in September 2019, an increase in financial cost pressured by incremental debt financing to support business expansion which THB 5,357.8m loan facility to the acquisition of Outriggers was

profit for th ncrease from rease espec d administra million bah of 2017 the by 229.9 mil rative expen wances for d t expansion. 30-Jun-17 MB    262.6 315.8 1,740.4 1 209.1 459.1 2,223.4 1 467.1 270.3

the expansion of Boonterm Kiosks. Expenses and expenses to revenues from main business 2Q17 2Q16 Increase (decrease) Million Baht % Million Baht % Million Baht % Selling expenses 36 2% 20 2% 16 80

aligned with the expansion of Boonterm Kiosks. Expenses and expenses to revenues from main business 3Q17 3Q16 Increase (decrease) Million Baht % Million Baht % Million Baht % Selling expenses 21 1% 25 2% (4

Medical Device Industry, which is an important tool in the competition and expansion of the market in the future. For Exercise and Physical Therapy Band; Most of the market is still the major market leader

%. An increasing was mainly from administrative expenses which results from bad debt allowance in lending business and personal expense increase from business expansion. Operating profit in 2017 was 1,109

cost, higher online travel agency costs, and employee costs to support the expansion of hotel business. 1Q18 EBITDA margin was 25.5%, compared to 23.0% of the previous year. In 1Q18, depreciation and

investment in business expansion, and the cash flows in operating activities in the future to execute the Restaurant Franchise Business Acquisition Transaction, which shall in no way affect the Company’s

expansion, ii) increase in professional expenses including consulting fees related to operational systems preparation and legal fees, iii) incurred unrealized loss from exchange rate of equipment deposit

back expected +4-5% range. We expect the overall burnt and crude product market contraction in 2020 and expansion in 2021 to be in the same range. This being said, we do not expect further major