growth was chiefly attributed to (i) higher operating revenue from the hotel business in Europe, which contributed operating revenue of THB 1,256mn, an increase of 9.4%YoY or THB 108mn; (ii) consolidation

be determined by the parent company. ● Once the consolidation approach has been decided, all business units under parent company should apply the same approach. Consolidation of approach 23 SCOPE 2

the engagement team; (b) having the competence and capabilities, including sufficient time, and the appropriate authority to perform EQR; (c) complying with relevant ethical requirements, including in

be guided by the following five fundamental ethical and professional principles: 1. Integrity 2. Objectivity 3. Professional Competence and Due Care 4. Confidentiality 5. Professional Behaviour Some

attributable to the consolidation of AAPICO Maia. Total shareholders’ equity decreased by Baht 467 million, caused by loss in 2019. Key Financial Performance Q4 2018 Q1 2019 Q2 2019 Q3 2019 Q4 2019 Return on

and profits through consolidation of financial statements of the Subsidiary that will invest in this project. Therefore, the transaction is deemed reasonable and beneficial and will help enhance the

% TBSP 6(0.5%) 3(0.3%) 116.3% For 6M19, Company consolidated finance cost of THB 15 mil., +45.8% when compared same period of last year regarding to TBSP consolidation and extra finance cost from

the Malaysia dealership sales figures has increased, due to THB strengthening, the total revenue decrease after conversion to THB during consolidation. Cost of sales and services increased in accordance

22.15%.This is mainly due to the consolidation of Kuron’s administrative expenses and from professional fees related to the acquisition totaling THB 9.7 mm. Net Profit(Loss) The Company posted net profit

period of last year regarding to TBSP consolidation since April 2018 which impacted to higher extra finance cost from additional long-term loan for Tender Offer in TBSP. Excluding finance cost of TBSP of 8