31, 2019. (Value of transaction paid x 100 / Total assets ) = 57,750,000*100/1,848,984,041.62 = 3.12  The value of equity shares issued for the payment of assets has not been applied due to the fact

the extra accounting expense as mention above. If we exclude this transaction, the EBITDA for year 2018 would grow by 15% yoy and EBITDA margin would increase to 26% for year 2018. Financing Costs In

stated) 2019 2018 Change Amount % Change Net profit (Loss) attributable to equity holders -181 1,299 -1,480 -113.94% Net profit attributable to equity holders (Exclude other expenses)* 902 1,299 -397

(loss) attributable to equity holders 411 321 90 28.10% Net profit (loss) attributable to equity holders Margin (%) 7.16% 6.16% 1.00% EBITDA 773 707 66 9.34% http://www.aapico.com/ http://www.aapico.com

0.89 million from last year. (2018 : amounting of Baht 10.38 million). 5) Company record profit sharing in joint-venture by equity method of Baht 3.18 million increased from last year by Baht 2.07

equity method of Baht 8.21 million increased from last year by Baht 2.74 million (2018 : gain amounting of Baht 5.47 million). 7) The company has corporate tax expenses for year 2019 amounting of Baht 8.23

Baht 31.3 million. 4) Financial cost increased by Baht 0.4 million. 5) Company record loss sharing in joint-venture by equity method of Baht 0.2 million decreased from the quarter 2/2016 by Baht 1.1

) Company record loss sharing in joint-venture by equity method of Baht 1.0 million decreased from the quarter 3/2016 by Baht 2.2 million (in Quarter 3/2016 was in Baht 1.2 million). 6) The company has income

’ Equity Net operating loss for the year Baht (10.71) million Cash Flow Statement Cash Flow Statement for the year ended 31 December 2018, the company has cash and cash equivalent transaction net increase

to Baht 11.27 million or 1.89%, increased by Baht 0.21 million from last year. (2018 : amounting of Baht 11.06 million). 5) Company record profit sharing in joint-venture by equity method of Baht 3.63