financial statements for the three-month period ended June 30, 2019. The Group's sales and net profit totaled Bt2,992.8 million and Bt159.0 million, respectively, compared to Bt3,643.3 million and Bt558.0

with business reorganization in order to enhance corporate efficiency and growth contributing to favourable operating results by achieving gross profit margin and EBITDA since Q1-2020. UWC Group’s

, 2017 to THB 75.27 million from the three months period ended March 31,2018. This was mainly due to the deferred product delivery from the package adjustment to match with the requirements of China Food

) (191.90) 4.29 4.58 (0.29) (6.33) Financial costs 1.52 1.17 0.35 29.91 4.29 2.26 2.03 89.82 Tax (income) expenses (0.42) 0.13 (0.55) (432.08) 0.42 (1.90) 2.32 (121.11) Net profit (Loss) (7.79) 5.98 (13.77

) (3.9%) Cost of construction under a concession arrangement (131.3) (398.1) (215.0) (126.1) (88.9) (41.3%) (104.6) (870.5) 765.9 732.2% Gross profit 427.9 446.0 463.1 454.3 (8.8) (1.9%) 1,625.9 1,791.3

% 565.9 78.2% 4.8 0.9% Cost of Sales 12.9 1.7% 157.5 4.3% 144.6 1121.1% Gross Profit 152.4 20.4% 156.16 12.6% 3.8 2.5% Gain from fair value adjustment on investment property 6.4 0.9% -3.5 -0.5% -9.9 -154.7

2019 in order to enhance corporate efficiency and growth resulting in favourable operating results by achieving 12% gross profit margin in Q1-2020. UWC determined to continuously improve its strategic

”) TFRS9 – Immaterial impact to financial position and statement of comprehensive profit and loss. TFRS16 – Impact to financial position which was one-time adjustment in 1Q20. Impact to statement of

recorded gain on fair value adjustment of investment due to reclassification in the amount of Baht 2,334 Million, net of corporate income tax. 5. The progress of the MRT Blue Line Extension Project At the

derived from revenue generated from Outrigger group being acquired on 12 June 2018 as well as Crossroads project officially opening on 1 September 2019. 9M19 Net profit at THB 702m, or 33% decline YoY