“Year of Shift” of L.P.N. Development Public Co., Ltd. Our business strategy is to develop urban residential condominium with an affordable price targeting middle to lower-middle income earners. The

due to lower operating profit. Together with the dividend payment, thus reducing the equity of the shareholders Please be informed accordingly. Yours sincerely, (Miss Poramaporn Chamnongsuk) Company

lower than the last year. Net profit (loss) For the 3 months period (quarter 3/2018), the Company has net loss at Baht 7 .1 5 million which decreased compared to the same quarter of prior year by Baht

is not able to increase the selling price in the current economic conditions. The company has a higher gross margin comparing to the same period from 10 .4 % to 15 .5 % because the lower cost of the

% Core EBITDA/ton ($) 102 113 140 (27%) 128 120 7% Operating Cash Flow5 261 250 241 8% 1,010 872 16% Net Debt to Equity (times) 0.92 0.87 0.61 51% 0.92 0.61 51% 1Consolidated financials are based upon

)% 4.12 3.26 26% Core EBITDA/ton ($) 102 113 140 (27%) 128 120 7% Operating Cash Flow5 261 250 241 8% 1,010 872 16% Net Debt to Equity (times) 0.92 0.87 0.61 51% 0.92 0.61 51% 1Consolidated financials are

profit at 510.8 million baht, decreased from the first quarter of year 2018 by 208.5 million baht or 29.0 percent of which profit attributable to the equity holder of the Company was 504.3 million baht

million baht, decreased from the first quarter of year 2018 by 208.5 million baht or 29.0 percent of which profit attributable to the equity holder of the Company was 504.3 million baht. Earnings per share

services from TigerSoft, HUMAN managed to slightly lower cost of sales and services. The overall growth in cost of sales and services was in line with the 29.3% growth in sales and services revenue. Gross

revenue respectively, decreasing for compare to the same period amount THB 89.1 MB, equivalent to 67.7% of net profit. The reason for this decrease in net profit is due to the lower gross profit as the cost