and Leasehold REIT (DREIT) (property sales profit recorded in 3Q19), and the recognition of gain on reclassification of investments in 4Q19, and recognition of gain on sales of investments in associated
inventory gains decrease the cost of sales and inventory losses increase the cost of sales. Core Net Profit is the Reported Net Profit less extraordinary items less tax adjusted inventory gain/loss. Net
synergy benefits and operational excellence measures take hold in the acquired businesses. The Packaging segment is expected to benefit from improving geographic mix and higher operating rate. Earnings for
19.66 10.88 Gross profit 10.73 54.53 44.08 -10.45 -19.16 33.35 310.73 Profit (Loss) from exchange rate 0.87 3.00 1.19 -1.81 -60.28 0.32 36.31 Other Income 1.00 0.65 2.13 1.49 230.70 1.13 113.09 Gain from
113.09 Gain from bargain purchase 0.00 0.00 33.64 33.64 100.00 33.64 100.00 Profit before Selling and Administration expenses 12.61 58.17 81.06 22.89 39.35 68.45 543.05 Selling expense 3.36 26.92 8.54
profit (loss) attributable to equity holders Margin (%) 4.2% 6.9% -2.6% Net profit (loss) attributable to equity holders (Exclude Gain (Loss) on exchange rate) 300.8 597.2 -296.4 -49.6% Net profit (loss
subsidies. EBITDA margin was at 44.6%, compared to 36.0% in 1Q16 and 36.4% in 4Q16. Net profit was Bt7,693mn declining 4.7% YoY but improving 19% QoQ. The Bt3,340mn remaining tax benefit from investments in
Reported Net Profit USD in Millions 4Q17 3Q17 4Q16 2017 2016 YoY% Core Net Profit after Tax and NCI 117 137 74 459 274 68% Inventory gain (loss) 14 8 6 37 7 406% Total tax on Inventory gain/(loss) (1) 0 (1