domestic tourists and earnings of Thai labor have declined while unemployment rate has been increasing. In addition, whilst private consumption shows some growth but limits in some areas; therefore

baht while the net loss of 28.84 million baht and net loss owners of the parent 23.56 million baht the overall operating results for the three- months period of year 2018 compare to the same period of

%, respectively. The increase in sales stemmed from sales generated from new stores, while an improvement in the effectiveness of product assortment planning led to the continued expansion of the Company’s gross

566.2 MB or 36.0%. This is because the delivered projects of the Company were relatively low value projects during Q3–2018 while, the public and private expenses had also slowed down. Therefore, the

represented 10.6% YOY while non-durable goods, in which high proportion of low to medium-income household expenditure, growth only 0.0% YOY since partly owing to household debt that was still elevated at 78% to

stood at 1.20 times while interest bearing debt to equity ratio was 1.00 times. Looking forward The Company’s performance in Q3/2018 confirms that the performance is still in line with the Company’s

15.2 percent due to the Company and its subsidiaries increase long-term loan, trade payables increase and debentures. While, the Company’s shareholder’s equity stood at 4,753.4 million baht which higher

the third quarter of the year 2017 of Baht 48.68 million or -55.1% due to revenue from operations was decreased while the overall expenses was increased at the higher rate than the revenue growth. 3

profit margin. While, Q3 2017, the Group’s gross profit was 17.48 Million Baht, or 6.33% of gross profit margin. The main reason of Q3 2017 gross profit margin was lower than average of 10% because of the

professional fees supporting international business expansion, while the Company had reduced legal fees. SAAM Energy Development Public Company Limited - 4 - Finance cost In Quarter 3 of 2019, finance costs