store-related expenses did not increase significantly. Q4/2019 vs Q4/2018YoY • In 2019, gross profit was THB 773 million which increased by THB 191 million or 33% from 2018. The increase reflected the

management fee and the lead to insurance and credit card website. The growth in the operating business is also reflected in cost of sales which came to THB 1,535mn, an increase of THB 266mn or 21.0% YoY

reflected in the EBITDA of THB 609 million, up 54.4% yoy, and net profit of THB 231 million, up 632.0% yoy. For core business, excluding the gain from the aforementioned sale of investments and employee

the regional production hub remains strong, but also reflected the potential and strength of WHA Group’s industrial estates, which can fully support the needs of both local and international customers

by significant increase in device sales due to the low baseline from lockdown last year. Core service revenue was Bt97,575mn, flat YoY, and reflected prolonged economic impact due to weak consumer

was recognized. If this subsidiary company has positive margin, this transaction will be reversed and recognize as income. Financial costs Financial costs in Q3/2017 was THB 42 million decreased by 15

recent months. Prices on average have seen a decline but towards the end of the Q4 that trend had reversed and at key domestic customers prices have been rising. The impact of the weak US dollar is

is lower than the carrying amount of investment. However, if the performance of the company is turnaround to positive, such provision will be reversed. As loss performance and unappropriated franchise

deferred revenue. However, during the period 2019, the Company has reconsidered the remaining guarantee EBITDA and found that existing risk and reward were insignificant. The Company has therefore reversed

amount of 36 Million Baht in compliance with Thai Accounting Standard No.37. 5 However, this transaction would be review quarterly until the end of project and would be reversed if the company is able to