period of year 2018, varied to the decreasing of revenue from sales of land and houses, details as presented in operating revenue table. Gross profit margin of land and houses in the first six months of

, varied to the decreasing of revenue from sales of land and houses, details as presented in operating revenue table. Gross profit margin of land and houses in the first six months of 2019 and 2018 were

%, while domestic sales decreased by 19.7%. Baht 1.0 million revenue came from other activities, transportation, sales of scraps, and obsolete equipment. Gross profit margin increased from 33.1% to 35.2% due

declined by THB 323.67 million or 32.26%. This is because the slowdown of real estate business sector resulted from Loan to Value regulation or “LTV” since 2019. Moreover, the household debt has been

suspended from trading on the SET since 12 January 2017. This incident, however, worked for Wichai's benefit because his IFEC shares of more than 57.46 million used as the collateral for the his margin

by 29.8% YoY to THB 2,233mn mainly from the expansion of the hotel business through new hotel launches and through new acquisitions • EBITDA and EBITDA margin were THB 509mn and 22.8% respectively

Margin 37.3% 34.4% Net Profit Margin1 55.0% 57.5% Return on Equity 15.5% 16.9% Debt/Equity Ratio 0.95x 0.69x Net Interest-bearing Debt/Equity Ratio 0.81x 0.58x 1 Net profit margin is calculated by dividing

institutions of Baht 300.0 million. 3. KEY FINANCIAL RATIOS 2Q’18 YTD 2018 31 December 2017 Gross Profit Margin 34.0% 34.7% 33.1% Net Profit Margin1 40.2% 55.2% 53.5% Return on Equity2 9.3% 15.9% 19.8% Debt

% 16.9% Debt/Equity Ratio 0.95x 0.69x Net Interest-bearing Debt/Equity Ratio 0.81x 0.58x 1 Net profit margin is calculated by dividing the Net Profit attributable to Owners of the Parent by Total Revenue

12,547 12,416 Gross profit margin (%) 22.84% 25.49% 26.48% Consolidated financial ratios 2018 2017 2016 Financial data and profitability ratios (continuous) Operating expense (include Research and