administration expense • Reported net loss of THB 238mn, largely as a result of the aforementioned reasons above • Total assets as of 31 March 2019 stood at THB 53,181mn, decreased by 1.4% or THB 779mn from 31

represents decreasing of 6 Million Baht (122%) from Q3/2017. The main cause for the lower net profit are occurred from increasing of selling and administration expenses, and loss on foreign exchange rates

155.70 million baht, an increase of 7.71 million baht or 5.2% from last year. The gross profit margin increased from 15.69% in 2018 to 17.54% in 2019. Sales and administration cost The company recorded

selling and general administration expensed for this quarter Please be informed accordingly. Yours sincerely Mr. Panya Boonyapiwat Chairman

, (ii) management income of THB 43mn from property management and administration service rendered and (iii) other (sundry) income of THB 122mn. HOSPITALITY SEGMENT HOTEL PORTFOLIO AND PERFORMANCE SNAPSHOT

bargain purchase 0.00 0.00 33.64 33.64 100.00 33.64 100.00 Profit before Selling and Administration expenses 12.61 58.17 81.06 22.89 39.35 68.45 543.05 Selling expense 3.36 26.92 8.54 -18.38 -68.27 5.18

113.09 Gain from bargain purchase 0.00 0.00 33.64 33.64 100.00 33.64 100.00 Profit before Selling and Administration expenses 12.61 58.17 81.06 22.89 39.35 68.45 543.05 Selling expense 3.36 26.92 8.54

income of THB 105mn for property management and administration services rendered, (iii) higher other (sundry) income of THB 71mn being primarily offset by (iv) lower gain on sale of assets and subsidiaries

have to buy the high material cost which we had bought in advan cost is used up almost all in 2 nd and 3 Administration and selling expenses is decreased from last year due to the budget controlling

quarter of 2016. Sales and Administration cost The company recorded sales and administration cost of 175.80 million Baht for the year ended December 31, 2017 which decreased from the same quarter last year