consolidated SG&A expenses in 2017 equaled to THB 1,316.20 million, increased by THB 73.56 million or 5.92% up from 2016. The Consolidated SG&A expenses increased from higher freight cost as reflect from higher

214 million, an increase of THB 13 million or 6.3%, mainly due to a rise in freight expenses in relation to export sales. Administrative expenses were THB 191 million, decreased by THB 1 million or 0.5

design and printing provider for media production, especially BTS Sky Train and Office media wrap. MACO expects to obtain GSG’s expertise in media production and installation to support the Group’s media

Company Limited, (iii) Siripat Three Company Limited and (iv) Bangkok Sky Sukhumvit 34 Company Limited are now joint venture companies between the Company and Sansiri for the purpose of real estate

climbing to 1. 7mn. The mobile money platform under a joint venture, Rabbit LINE Pay, expanded its payment coverage to the sky train mass transit and grew monthly active users to 850,000. The enterprise

LIMITED SIVAROM REAL ESTATE PUBLIC COMPANY LIMITED SKY ICT PUBLIC COMPANY LIMITED SKY TOWER PUBLIC COMPANY LIMITED SLM CORPORATION PUBLIC COMPANY LIMITED SMART CONCRETE PUBLIC COMPANY LIMITED SOLARTRON

freight saving. This does not have any impact on regional or consolidated EBITDA. 4Core EBITDA is Reported EBITDA less inventory gains/(losses) 5Core EPS is Reported EPS less inventory gains/(losses) less

) transactions 2Total of each segment may not always tally with consolidated financials due to holding segment 3Excludes price adjustment for captive sales on freight saving. This does not have any impact on

increased overall average operating rate of 86%. Higher freight rates positively impacted sales price in our respective domestic markets. This translated into an overall Fibers Core EBITDA growth of 23% QoQ

a result, (i) Siripat One Company Limited, (ii) Siripat Two Company Limited, (iii) Siripat Three Company Limited and (iv) Bangkok Sky Sukhumvit 34 Company Limited are now joint venture companies