of September 30, 2017 is lower to 1.5 times. The proceed was primarily used to repay corporate loan from financial institutions in an aggregate amount of Baht 4,600 million and loan from shareholder in

THB 36 mil. or 10.3% negative growth when compared to the same period of last year, primarily due to dumping price by competitors and focusing on electronic payment and number of bank branches reduction

% 0.3% SSSG of Hardline segment -4.5% -2.6% SSSG of Food segment 1.5% 1.0% (1) Other income comprises revenue earned primarily from promotional, advertising income and logistics and distribution income

Baht 66.1 million or 400.6% when compared to the same period of last year. The increase was primarily due to gain on sales of long-term investments and other income from the acquired hotel business in

reported gain from foreign exchange rate in 2Q17 and 6M17 in the amount of Baht 2.3 million and Baht 3.3 million, respectively, primarily due to foreign exchange hedging. Other income in 2Q17 and 6M17

rate in 3Q17 and 9M17 in the amount of Baht 2.0 million and Baht 5.3 million, respectively, primarily due to foreign exchange hedging. Other income in 3Q17 and 9M17 reported Baht 6.9 million and Baht 9.5

million in Q1’2019 primarily due to the commercial operations of ABPR3, ABPR4 and ABPR5 SPP projects in February, June and October 2018 respectively and the SPP1 acquisition in March 2019. • Sales and

earned primarily from promotional, advertising income and logistics and distribution income, income earned from one-off events, etc. (2) Percentage margin is calculated by dividing Gross profit from sales

. The change in cash collected primarily due to the following reasons: For the years ended December 31, 2016 and 2017, The Company cash collected from NPL management business was Baht 9,309.1 million and

Management’s Discussion and Analysis KEY FINANCIAL HIGHLIGHT Sales and Service Income • Sales and service income increased 9.4% y-on-y in Q1’2020 to THB 11,223 million primarily due to 1) full- period