, Airport concession fee for Aviation refueling services business, maintenance expenses and depreciation and amortization expenses. The Gross profit margin of the Group was of 58.2% compared to 57.2% of the

domestic business due to higher expenses from concession in Transit and Airport Media, while Trans.Ad Group’s cost is mainly from hardware and software. As a result, overall gross profit margin was decreased

connects with other rail lines such as Green Line, Purple Line, Orange Line, Red Line and Airport Rail Link which is convenience for the passengers. (Translation) Bangkok Expressway and Metro Public Company

Airport. Upon completion, Crossroads will open 2 hotels, Saii Lagoon Maldives, Curio collection by Hilton and Hard Rock Hotel Maldives, plus a wide range of facilities centered upon The Marina @Crossroads

1 (-Translation-) Ref. No. IRS.025/2019 October 31, 2019 Subject Acquisition of Shares in Hello Bangkok LED Co, Ltd., which is an Assets Acquisition Transaction of the Company, Issuance and Offering of the Newly Issued Ordinary Shares of the Company through a Private Placement which is a Connected Transaction, Capital Reduction, Capital Increase, Entering into the Right to Sell Advertising Media Agreement which is a Connected Transaction, Appointment of the Independent Financial Advisor and Call...

1 (-Translation-) Ref. No. IRS.025/2019 October 31, 2019 Subject Acquisition of Shares in Hello Bangkok LED Co, Ltd., which is an Assets Acquisition Transaction of the Company, Issuance and Offering of the Newly Issued Ordinary Shares of the Company through a Private Placement which is a Connected Transaction, Capital Reduction, Capital Increase, Entering into the Right to Sell Advertising Media Agreement which is a Connected Transaction, Appointment of the Independent Financial Advisor and Call...

and the shopping malls owned by CPNREIT, CentralPlaza Rama 2 and CentralPlaza Chiangmai Airport. The minor renovation includes adding new tenants, changing tenant-mix, re-zoning, enhancing interior and

Suvarnabhumi Airport offering more than 130 shops serving both local and tourist customers. After formal opening, an average traffic reached more than 17,000 visitors per day. The first phase accounted for

stores in Myanmar, the Company has decided to open the 5th franchise store in Myanmar in June 2020. Closure of Index Furniture Center - Don Mueng International Airport Branch Due to the government measures

Airport Media, while Trans.Ad Group’s cost is mainly from hardware and software. As a result, overall gross profit margin was decreased from 46.9% to 35.6%. THB (mn) 2018 (Restated) 2019 YoY (%) Operating