' Equity was Bt11,723 million, an increase of Bt448 million, mainly due to operating profit from the period and dividend payment. Analysis of performance Gross Profit Margin was affected by two major factors

21,840 MTHB which increased by 2,072 MTHB or 10.5% comparing to 19,768 MTHB at the end of 2018. The increment was mainly from the net profit of 2019 offset with dividend paid to its shareholders. Analysis

December 2019 for an additional 0.04 baht per share, which was the dividend from the profit exempted from corporate income tax, amounting to 12,000,013.60 baht. The Company will identify rightful

by 1,900 MTHB or 11% comparing to 17,868 MTHB at the end of 2017. The increment was mainly from the net profit of 2018 offset with dividend paid to its shareholders. Analysis of Cash Flow As of 31

' Equity was Bt11,274 million, an increase of Bt1,247 million, mainly due to profit from the period and dividend payment. Analysis of performance Gross Profit Margin was affected by two major factors: 1) a

profit of 2016 offset with dividend paid to its shareholders. Analysis of Cash Flow As of 31 December 2017 the Company and its subsidiaries’ Cash Flow Statement presented 5,213 MTHB of cash and cash

financial liabilities designated at fair value through profit or loss, net (36,349) 73,883 (110,232) (149.2) Gain (loss) on investments, net 498,805 45,324 453,481 1,000.5 Dividend income and profit sharing

45,324 453,481 1,000.5 Dividend income and profit sharing 158,979 315,019 (156,040) (49.5) Other operating income 66,224 89,141 (22,917) (25.7) Total operating income 4,734,685 4,424,540 310,145 7.0 Other

(80,769) 364,572 (451.4) Gain on investments, net 50,457 141,843 (91,386) (64.4) Dividend income and profit sharing 141,023 257,775 (116,752) (45.3) Other operating income 64,576 90,278 (25,702) (28.5

(451.4) Gain on investments, net 50,457 141,843 (91,386) (64.4) Dividend income and profit sharing 141,023 257,775 (116,752) (45.3) Other operating income 64,576 90,278 (25,702) (28.5) Total operating