of total expenses at 5.2%(y-o-y), the Net profit attributable to Equity holders of the Company in Q1/2019 were of Bt347.9 million which increased by Bt25.3 million or 7.8%(y-o-y), representing the Net

period of previous year. Other income for Q3, 2019 are 0.80 million baht with no significantly transaction changes. 2. Cost of sale , Profit margin For Quarter3 of the year 2019, the company had cost of

Nirvana Daii Public Company Limited (“NVD”), a 52%-owned subsidiary of Singha Estate, invested in January 2017. 1Q18 consolidated net profit grew 651% YoY, as the performance incorporated (non-cash) gains

and the operating results of the Company for the year ended 31 December 2019. The conclusion was detailed as follows: The Company's operating results for the year 2019, had a net profit of 17.2 million

currency on the importation of seaweed approximately of 38.6 million. However, Net Profit margin for the year 2018 could be improved from 1) New cost structure including seaweed price and utilization rate 2

confident that the net profit in 2018 will improve accordingly because of; 1) The new cost structure both in the seaweed price and capacity utilization. 2) The new product launch with the gross margin over

(“the Company”) and its Subsidiary (“the Group”) would like to clarify the change in operating result for the year ended 31 December 2018, which net profit has changed more than 20% from the last year as

2018, the Company had gain on exchange rate of THB 18.58 million. Cost of Sales and Gross Profit The Company’s cost of sales is mainly consisted of raw material cost which is equal to approximately 85

key management positions and business strategies in order to enhance efficiency and growth. Under new structure, UWC shifted the focus from less competent business such as renewable energy to Steel

launch of Singha Complex in late 2018. 2019 Net profit at THB 1,209m, or 16% decline YoY, due to various factors, namely profit margin during early stage of 2 hotels in Crossroads project phase 1