expenses represented at THB 8 mil. (1.2%), 31.8% decremental primary by lower logistic expenses which came from more effective management in logistic & distribution. Net Profit Statements of Financial

Baht 29.68 million or 19.40% of the total gross profit of Baht 152.98 million of 1st quarter of year 2018 consistent with lower revenue. The total gross profit rate was increased from 12.09% to 17.82% as

%) Less intercompany balance (0.2) (0.2) - - Revenue from sales 498 463 35 8% • As a results of downturn in economics condition and lower in tourists, sales revenue of Restaurant and Food Centre reduce. 2.2

million or 13.07 percent. As the company has sales expenses in the leather and car seat business decreased due to the lower sales but for the boat and minibus business, there is an increase in selling

5.2% QoQ from lower equipment rental. SIM & device sales were Bt6,453mn increasing 9% YoY but decreasing 6% QoQ. SIM & device margin stood at -4.0% , compared to -3.0% in 2Q18 and -4.2% in 1Q19

Profit. iii) a 19.8% lower of Finance Costs due to refinance the existing bank loan totaling of Baht 4,000 million in June 2018 In 1H2019, Profit attributable to Owners of the Parent was Baht 1,281.8

lower than the market price at March 31, 2019. The company has recognized the future loss from the investment in trade securities. Nevertheless, if the stock price is higher than the market price at June

the cost of raw materials used in production is lower than the year 2018. 4. Cost from the water management business for quarter 2/2019 was 70.48% of income. Cost per income rate decreased compared to

or net profit margin of 6.36%. This decrease resulted from Baht appreciation against other currencies, therefore, the Company recognized lower revenue, profit and profit margin. Thus, the company

, which usually have lower gross profit margin than products served in store. EDITDA and EDITDA margin • The company’s EBITDA in Q2/2019 and 1H/2019 were THB 95 million and THB 186 million, respectively