: amounting of Baht 774.52 million). 2) Cost of sales decreased by Baht 26.70 million due to sales amount decreased. Cost of sales ratio at 86.30% (2018 : at 87.54%) which effected to the company has a gross

stated ) Q1 2017 Q1 2016 Change Amount % Total Revenues 3,946 3,910 36 0.9% Sales and service income 3,829 3,818 8 0.2% Other income 117 92 25 27.9% Cost of sales and services 3,533 3,550 (17) -0.5% SG&A

= 0.30581 THB This amount was calculated based on the cost (labor cost, administration cost, equipment cost etc.) of AFS who works for subsidiaries including overseas business, and the cost is allocated to

-37.78% Total Income 936.78 100.00% 537.52 100.0% 399.26 74.28% Expense Cost of sales 746.55 79.69% 326.94 60.8% 419.61 128.34% Selling expenses 51.52 5.50% 57.61 10.7% -6.09 -10.57% Administrative

from gain on sale of investments in the current period. Total expenses increased by Baht 17 million as compared to the same period last year which is generally the result of the following: • Cost of

Major Tower Thonglor which started operation since the end of 2015 and has more tenants gradually. - Cost of units in condominium projects sold in Q3/2017 amounted 258.76 million baht or 68.74% of sales

(“the Company”) for the three- month period ended 30 September 2017 showed total revenue of 42.43 million Baht. The cost of sales amounted to 29.90 million Baht, while selling and administrative expenses

revenue from food business of Baht 6,552 million, mainly due to sluggish economic which affect consumer’s spending and closing of non- performing restaurant branches. Cost of sales Total cost of sales of

%. With regards to cost of sales and expenses for the year 2017, it is equivalent to 811.62 million THB or 84.67 % of total revenue compared to last year at the amount of 484. 13 Million THB or 84. 79

partly compensated by a gain on sales of investment amounting to Baht 116 million in 2017. Total expenses decreased by Baht 44 million as compared to last year mainly due to the following: • Cost of hotel