172.65 178.85 (6.21) (3.47) Earnings before interest and taxes (EBIT) 10.58 32.79 (22.21) (67.73) Financial costs 4.75 0.72 4.04 559.72 Income tax expenses (2.87) 2.86 (5.73) (200.35) Net profit 8.70 29.21

per visit increased to over THB 1,600. Despite the slight Operation : Consolidated Profit & Loss Statement 1Q 1Q % Unit : THB million 2019 2018 change Revenue from non-social security 248.35 218.24 14

Second Quarter of 2018 WHAUP finished our 2Q2018 with a Net Profit was Baht 295.9 million, a 57.8% decreased from 2Q2017 with Normalized Net Profit of Baht 611.2 million, a 1.5% increased from 2Q2017. For

million (THB 8.4 billion), -7% YoY, Core EBITDA margin 10%  Core Net profit after tax of $128 million (THB 4.0 billion), -27% YoY  Core Earnings Per Share of THB 0.67, -32% YoY  Operating Cash Flow of

of $304 million (THB 9.6 billion), -7% YoY, Core EBITDA margin 10%  Core Net profit after tax of $128 million (THB 4.0 billion), -27% YoY  Core Earnings Per Share of THB 0.67, -32% YoY  Operating

THB 150.59 million or 18.96% up as compared to 9M2018 mainly from increasing in revenue from sales and higher share of profit from associated companies. Earnings Before Interest, Tax, Depreciation and

11,132.99 10,307.09 825.90 8.01% Gross profit 3,964.67 3,509.18 455.49 12.98% Selling and administrative expenses 3,448.36 3,168.64 279.72 8.83% Profit before finance cost and income tax expenses 1,575.04

performance in the second quarter shows total revenue of 16,464.72 million Baht, whilst net profit stood at 1,312.56 million Baht; this represents growth of 4.38% and 16.03% respectively compared to the same

operating results in the third quarter comprised of total revenue of Baht 16,493.95 million and net profit of Baht 1,365.82, which were higher than the same period of the prior year by 2.09% and 15.45

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