necessary information required for the production competent and the employee training program. Contract Period 1 Year (January 1st, 2019 – December 31st, 2019) Other conditions shall be in accordance with the

million Baht or 42% from year 2017. The main reason was the increased in employee expenses, professional fee, depreciation and amortization. 9. Litigation In September 2018, the Company was sued by a

% from last year mainly due to employee-related expenses, depreciation, development cost writeoff and Specific Business Tax. Share of profit from investments in associated companies For the first nine

disposal of investment, and Employee benefits (7) Adjustment to earnings, net of tax The operating result for three-month period ended September 30, 2019 The company’s profit from continuing operations for

Baht 112.52 million, increasing by Baht 71.01 million or 171% mainly from:  The employee benefits expenses and other operating expenses increased from the group’s business expansion during the year

Baht 113.5 million. 4. Accrued income tax payable decreased Baht 25.1 million. 5. Long-term loans from financial institutions increased Baht 1,740.5 million. 6. Employee benefit obligations increased

in 2018 mainly from the increase of provision expenses and employee expenses - Share of gain from investments in joint ventures in 2019 amounted 171.99 million baht compared to 511.93 million baht in

liabilities, Deferred tax adjustment and expenses relating to employee benefits 3 Adjusted EBITDA is calculated from EBT plus Finance cost, Depreciation and Amortization, Interest income from Loan to JVs and

provision for employee benefits increased Baht 0.1 million.  Administrative expenses The Group’s administrative expenses were 181 million Baht, increase of 6 million Baht from the previous year, or 3.5

liabilities, employee benefit obligation. Please be kindly advised. Yours sincerely, Abico Holdings Public Co., Ltd. ……………………………………………………………….. (Mr. Kitti Vilaivarangkul) Managing Director