%) 72% 2,700 3,175 18% Gross profit margin* (%) 24% 28% 27% (1%) 3% 22% 24% 2% Net profit margin (%) 10% 20% 16% (4%) 6% 14% 16% 2% Q4/2017 and 2017 Financial and Operating Highlights * Exclude costs of

consideration Payment and installment of each license are as follow; 5.1 Payment of 700MHz license fee at the rate of Baht 17,154 million (exclude VAT) is divided into 10 installments as follows; 1st installment

product development in order to focus on the health conscious consumers for example, roasted seaweed and whey protein ‘My Whey’. The Tao Kae Noi Land shop expansion in order to focus on tourist channel. As

the extra accounting expense as mention above. If we exclude this transaction, the EBITDA for year 2018 would grow by 15% yoy and EBITDA margin would increase to 26% for year 2018. Financing Costs In

stated) 2019 2018 Change Amount % Change Net profit (Loss) attributable to equity holders -181 1,299 -1,480 -113.94% Net profit attributable to equity holders (Exclude other expenses)* 902 1,299 -397

., Ltd., which is an independent appraisal company, has reviewed property valuation and the market value is Baht 21,547,000 (exclude VAT). 6. Type and Size of transaction It is considered as connected

force Regulation 10 Source: Morningstar Direct complied by RD of Thai SEC as of 31 December 2016. The sample of 199 market wide equity funds exclude those funds investing with specific rules or

for the company 888 1,052 899 (15%) 1% 2,453 2,873 17% Gross profit margin* (%) 28% 28% 24% (4%) (4%) 24% 27% 3% Net profit margin (%) 21% 16% 13% (3%) (8%) 16% 15% (1%) * Exclude costs of depreciation

Chemicals and Packaging. ***2Q19 Core Financials exclude IRSL 1Consolidated financials are based upon elimination of intra-company or intra-business segment transactions. 2Total of each segment may not always

company's true earnings from its normal operations. To exclude the assessment of the fair value of net assets and allocation of business acquisition costs as well as the effects of accounting standards, in