change in the first half of this year as well as increasing number of beds in service. Operation : Consolidated Profit & Loss Statement 4Q 4Q % 12 mth 12 mth % Unit : THB million 2018 2017 change 2018 2017

construction management fee totaling amount of 14.50 THB mm which are presented in "Other income". This result in a cost reduction of the Veranda Residence Pattaya project which increase in gross profit margin

, Central World, Thong Lor and Yaowarat branch. The consolidated net profit for 2Q18 totaled Baht 1,551 million, an increase of 30.9% from Baht 1,185 million yoy. When comparing to previous quarter, the net

net profit for 2Q18 totaled Baht 1,551 million, an increase of 30.9% from Baht 1,185 million yoy. When comparing to previous quarter, the net income for 2Q18 increased by 2.5% comparing to net profit

January 2017. Cost of Sales and Gross Profit Unit : THB mm Unless otherwise stated For the three-month period ended 31 March 2018 2017 Total sales 199.43 156.20 Cost of sales 64.68 54.99 Gross Profit 134.75

compared to the same period of 2019. II Share of profit from investments in associates In the first quarter of 2020, the Company’s share of profit from investments in associates was Baht 431 million, which

rendering services 1,627.68 1,668.38 40.70 2.50% Cost of rendering hotel services 116.48 105.66 -10.83 -9.29% Total cost 1,744.17 1,774.03 29.87 1.71% Gross profit 994.08 1,090.62 96.54 9.71% Other income

million, an increase of Baht 21.84 million or up by 3.78% due to higher support fee from promotional activities with suppliers. 2. Gross profit was Baht 4,243.04 million, an increase of Baht 278.37 million

) Gross profit 439.4 427.9 11.5 2.7 Net gain on exchange rate 55.1 112.2 (57.1) (50.9) Gain on forward contracts 11.2 49.5 (38.3) (77.4) Other income 2.0 173.0 (171.0) (98.8) Profit before expenses 507.7

Sales and Service 2,425.0 97.7 2,852.6 97.6 Franchise Fee Income 56.5 2.3 69.6 2.4 Revenue from Main Businesses 2,481.5 100.0 2,922.1 100.0 Cost of Sales and Service 1,878.7 75.7 2,218.5 75.9 Gross Profit