, compared with 72:28 in Q1/2018. Page 3 Q1/2019 Cost of Goods Sold The Company and its subsidiaries recorded cost of goods sold of Baht 1,074 million. Cost of goods sold to sales increased to 83% from 75% in

2018 (1st quarter of 2018) as follows: Unit :Million Baht Q1/17 Q4/17 Q1/18 Change +/(-) QoQ % YoY % Net Revenue 215.83 191.39 206.12 14.73 7.70 -9.71 -4.50 Cost of Goods Sold 187.58 180.66 180.77 0.11

ended 31 March 2018 (1st quarter of 2018) as follows: Unit :Million Baht Q1/17 Q4/17 Q1/18 Change +/(-) QoQ % YoY % Net Revenue 215.83 191.39 206.12 14.73 7.70 -9.71 -4.50 Cost of Goods Sold 187.58 180.66

assets sold and due to the depreciation as in the normal business operation. - The total liability stood at 200.96 million baht, down by 23.56 million baht or 10.49% on a year-on-year basis. The decrease

ended 30 June 2018 (2nd quarter of 2018) as follows: Unit :Million Baht Q2/17 Q1/18 Q2/18 Change +/(-) QoQ % YoY % Net Revenue 201.20 206.12 251.20 45.08 21.87 50.00 24.85 Cost of Goods Sold 183.37 180.77

Sold 183.37 180.77 204.16 23.39 12.94 20.79 11.34 Gross Margin 17.83 25.35 47.04 21.69 85.56 29.21 163.83 Admin Expenses 3.84 33.92 26.47 -7.45 -21.96 22.63 589.32 Selling Expenses 2.43 9.18 11.70 2.52

of goods sold increased from Baht 153.39 million in the second quarter of 2017 to Baht 182.73 million in the second quarter of 2018, or 19.13% and the gross margin decreased from 11.28% in the second

. Costs and expenses for the year 2017 increased by 31% compared to the same period of 2016. The main reasons were:  Cost of goods sold and services decreased 15% in line with the decreased in revenues

investment since the third quarter of last year, and the performance of the education business which the Company has sold and transfered from the first quarter of last year as well. Please be informed

Cost of Goods Sold 194.11 204.16 217.04 12.88 6.31 22.93 11.81 Gross Margin 18.39 47.04 54.53 7.49 15.92 36.14 196.47 Admin Expenses 10.24 26.47 26.92 0.45 1.70 16.68 162.99 Selling Expenses 2.99 11.70