translation service fees pertaining to international agreements. In Quarter 2 of 2019, SAAM Group’s gross profit amounted to THB 26.85 million, representing gross profit margin of 74.01%, a THB 0.25 million or

amounted to THB 39.88 million, representing gross profit margin of 73.78%, a THB 0.40 million or 1.00% increase from the same period of the previous year (Quarter 3 of 2018: THB 39.48 million) mainly due to

result, our 2Q2017 EBITDA stood at Baht 863.0 million, compared to Baht 407.4 million in 2Q2016, or a 111.8% growth YoY. EBITDA Margin improved from 66.0% in 2Q2016 to 77.1% in 2Q2017. Our Net Profit

Profit attributable to Owners of the Parent increased to Baht 569.9 million, compaed to Baht by 207.9% in 3Q2017, compared to 3Q2016. Net Profit Margin improved from 30.3% in 3Q2016 to 58.0% in 3Q2017. 6 2

industry. 1.10 Profitability For the year ended 31st March 2019, the Company and its subsidiaries had higher gross profit margin of 12.49 percent compared with gross profit margin of 14.28 percent in the

& administrative expenses 128 185 239 29.4% 86.6% EBITDA 120 115 116 0.8% -3.7% Net profit from operation 56 38 35 -7.4% -37.2% Net profit (exc. Minority Interest) 70 39 42 6.4% -40.0% Gross profit margin 42.2% 37.9

boost of the export activities, private consumption and tourism sector. However, the net profit margin was lowered from the increase in selling and administrative expenses while gross margin stay flat

% Profit (loss) before loss from allowance 149,195 (514,097) 129% 129,365 145,783 -11% margin 7% -21% 8% 9% Profit / (Loss) before interest and taxation (221,748) (2,202,353) 90% (500,440) (1,134,625) 56

EBITDA margin and net profit margin. The company’s liquidity decreased to 1 time because additional short-term loans with bank deposits were used to invest in associates and purchase of equipment. The

& administrative expenses 112 147 31.4% EBITDA 89 109 22.2% Net profit from operation 51 44 -13.5% Net profit (exc. Minority Interest) 53 37 -30.2% Gross profit margin 60.5% 33.7% EBITDA margin 32.3% 15.8% NPAT