345.41 -143.94 Gross profit margin (Sales of real estate) 25.39 31.33 -5.37 29.02 34.31 -15.42 Net profit margin -0.50 3.76 -113.34 -5.59 14.09 -139.69 Changing Years 2017 Years 2016 Changing Consolidated

] [1Q18VS 1Q17] Sales Revenue 3,440.2 3,391.6 +1.4% 3,536.4 -2.7% [ Sales Revenue, USD $109.1 $103.6 +5.3% $101.3 +7.7% ] Cost of Sales 2,551.4 2,433.4 2,452.5 Gross margin, (%) 25.84% 28.25% 30.65% SG & A

revenue from real estate. However, gross margins for the year ended 31 December 2019 and 2018 were 42.32% and 42.62% respectively. It could be seen that gross margin percentage of the company does not

5.82 156.03% Profit before income tax expenses 78.24 307.63 (229.39) (74.56%) Income tax expenses 4.73 2.37 2.36 99.58% Profit for the year 73.51 305.26 (231.75) (75.92%) Gross profit margin 51.89% 61.51

25.85 144.73 -82.14 Gross profit margin (Sales of real estate) 24.65 41.76 -40.95 26.64 40.18 -33.69 Net profit margin 0.60 22.59 -97.36 3.40 24.79 -86.28 The comparison of revenue from sales of real

0.63 230.16 Loss for the period -23.94 -85.76 -72.08 -6.39 -7.38 -13.41 Gross profit margin (Sales of real estate) 21.41 22.62 -5.37 23.44 21.94 6.83 Net profit margin -1.90 -18.08 -89.49 -0.96 -1.79

-584.18 2.08 0.63 230.16 Loss for the period -23.94 -85.76 -72.08 -6.39 -7.38 -13.41 Gross profit margin (Sales of real estate) 21.41 22.62 -5.37 23.44 21.94 6.83 Net profit margin -1.90 -18.08 -89.49 -0.96

121.50 million. The net profit margin is 19.82% and 16.047% of the total revenue, respectively (compared to 16.17% and 13.64% from the same period of previous year). The separate financial statements show

People’s Republic of China where is a sizable market and represents a high growth potential in the future. 2 Gross profits and gross profits margin In Q3/2017, our gross profits amounted to THB 1,156 million

which will have commercial launch next year. For Painting segment, sales decrease because some products are near to the end of the model life. 2. The consolidated gross profit margin was 12.21%, decreased