holds 97.17%). In return, TKS received 94.22 million newly issued TBSP ordinary shares, at the par value of THB 1 per share and Offer price of THB 13.8 per share. The objective of the business

2016, mainly due to higher selling price of all products, especially on PVC and Caustic Soda according to higher production cost of Chinese PVC suppliers and limited PVC and Caustic Soda export volume

baht) 2018 2017 Rental and services income 3,733 3,197 Cost 2,836 2,441 Gross profit 897 756 Gross profit margin 24.0 23.7% 7. In the year 2018, details of share of profit from investment in associates

-52 Capital Public Company Limited 973 President Tower Building, Unit 7B, 7C, 7D, 7I, 7th Floor, Ploenchit Road, Lumpini, Pathumwan, Bangkok 10330| Tel No. 02 656 0189 2. Cost of sales and service

2019. B-52 Capital Public Company Limited 973 President Tower Building, Unit 7B, 7C, 7D, 7I, 7th Floor, Ploenchit Road, Lumpini, Pathumwan, Bangkok 10330| Tel No. 02 656 0189 2. Cost of sales and service

compared to the same period last year which is generally the result of the following:  Cost of hotel operations decreased by Baht 18 million which is in line with the lower hotel revenue.  Cost of property

segment This business segment commenced operate by the Company in June 2019. 2. Cost of sales and service decrease by Baht 827.1 million or 98.7% compared to the same period of prior year. Description

million in Q1/2020 versus net loss of Baht 52 million in Q1/2019, an increase of 101% YoY. Better performance resulted from 1) increased Export Branded Business sales; 2) cost of goods sold reduction; and 3

) (104.57) Cost of sales electricity (38.76) (38.53) Cost of sales and services (3.61) (1.13) Operating and administrative expenses (41.71) (36.19) Loss on exchange rate - (12.49) Finance costs (31.85) (16.23

cost) 2,135.19 1,588.22 546.97 34.4 Revenue from finance lease contract 738.69 853.62 (114.93) (13.5) Share of profit of associates / joint ventures 1,281.83 1,727.16 (445.33) (25.8) Other incomes 232.17