of short-term loan, with the group using money from the initial public offering to make this payment in Q3/1 7 which leads to the financial cost of existing business significantly decreasing from Q2/17

project development cost also increased THB 357.0mn and an increase in short-term loans to jointly controlled entity of THB 260.1mn for deposit of land for new projects launched in 2019. (details in topic

Services PLC Summary of Financial Statement    As of 30 Sep 2018 As of 31 Dec 2017 Change MB % MB % MB % Cash and cash equivalents 244.4 3.3% 513.4 9.8% -269.0 -52.4% Short-term loans to related parties

% QoQ. The decrease was mainly due to selling and marketing expenses, personnel expenses, and rental in term of TFRS 16. Moreover, the Company efficiently controlled and managed expenses of existing

lower coupon rate, and partial utilization of short-term instruments from financial institutions. PERFORMANCE BY BUSINESS Rental Properties Business 2017 2018 Increase/(Decrease) THB mm THB mm THB mm

interest income, gain from sale of short-term investments and other income totaling THB 57.0 mm for the second quarter of 2017, which increased by THB 4.7 mm or 8.9%, compared to the same period of the

short-term investment which the Company has invested since January 2017. Cost of Sales and Gross Profit Unit : THB mm Unless otherwise stated For the three-month period ended 30 June For the six-month

will declined by Bt59.8 million or 4.0%(y-o-y), while EBITDA will declined by Bt39.8 million or 1.9%(y-o-y). 1.2.3 Finances Cost In 2017, the Company had a long-term loan of Bt2,250.0 million to be used

sluggish economy, leading to cancellations of some of our long-term contracts. To address this issue, we have been relentless in identifying new clients to replace those cancelled contracts. FINANCIAL

liabilities increased from the prior year at Baht 15.8 million or increased 4.9 percent, which mainly increased due to short-term loans with financial institutions at Baht 21.8 million, as such increased by