Gross (loss) profit 71.1 3.9 (12.1) (4.0) 83.2 687.6 Selling expenses (37.9) (2.1) (9.5) (3.1) 28.4 298.9 Administrative expenses (62.2) (3.4) (9.7) (3.2) 52.5 541.2 Finance costs 0.3 0.0 - - 0.3 100.0

fee and fee and service income. Furthermore, during the year KT ZMICO had recognized share of loss from their other associated companies. These factors led to the lower net profit, despite KT ZMICO were

39.2% Gross profit 12.5 57.5 45.0 360.0% 33.7 169.0 135.2 400.9% Other income 10.0 1.9 -8.1 -81.0% 32.0 5.9 -26.1 -81.5% Selling and distribution expenses 14.3 10.3 -4.0 -28.0% 28.8 25.0 -3.8 -13.2

% Revenue from franchise - - 1,836 -100% Other income 3,503 4,326 -19% 13,328 -74% Total Revenues 473,402 507,792 -7% 853,833 -45% Profit / (Loss) before interest and taxation (4,437) (73,654) 94% 233,778

19.66 10.88 Gross profit 10.73 54.53 44.08 -10.45 -19.16 33.35 310.73 Profit (Loss) from exchange rate 0.87 3.00 1.19 -1.81 -60.28 0.32 36.31 Other Income 1.00 0.65 2.13 1.49 230.70 1.13 113.09 Gain from

-16.72 -7.71 19.66 10.88 Gross profit 10.73 54.53 44.08 -10.45 -19.16 33.35 310.73 Profit (Loss) from exchange rate 0.87 3.00 1.19 -1.81 -60.28 0.32 36.31 Other Income 1.00 0.65 2.13 1.49 230.70 1.13

income base as evident in the financial performance in Q1. In 2020, the net profit of the Company and subsidiary companies decreases 38.03% from the same period of the previous year as the income from

statements The net profit and net profit margin of the Company and subsidiary companies decrease 5.34% and 0.81% respectively. The income recognition of three projects completed in Q1/2018 accounts for 32% of

in joint venture (21) 0.01% - 0.00% (21) 0.00% Finance cost (8,726) 2.39% (4,262) 2.17% (4,464) 104.74% Profit (loss) before income tax income (expenses) 33,242 9.10% (23,851) 12.15% 57,093 239.37

1,216,119 1,206,629 0.8% Operating expenses 694,345 669,504 3.7% Net profit 259,735 215,949 20.3% Revenue from the hotel income for the year ended 31 December 2018 increased by Baht 76.3 million or 3.6