business and non-recurring acquisition-related costs from overseas investments. 2. Operating Performance of the Company for the six-month period ended 30 June 2017 2.1 Revenues The total revenues of the

Solutions grew by THB 35.31 million or 13.43% from the recognition of license income and implementation fee from projects in Thailand and Malaysia, as well as, organic growth in recurring outsourcing income

affected the Company’s businesses. Excluding the non-recurring items and impact of TFRS16 applied, total revenue stood at THB 3,613 mn and net loss stood at THB 611 mn (for the first six months of 2020

affected the Company’s businesses. Excluding the non-recurring items and impact of TFRS16 applied, total revenue and net profit decreased by 60.7% and 123.5% respectively (for the first six months of 2020

85.4 million mainly from variable expenses that rose along with revenues, annual salaries adjustment, and non-recurring items i.e. the pre-opening expenses of L&E Vietnam together with all registration

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from foreign exchange. On a QoQ basis, total revenues dropped 56% with a decrease in net profit of 62%, as there was a (non- recurring revenue) recognition of the 50-year lease upfront payment of a

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consolidated net profit of THB 5,983 mn, an increase of 155.4% from the same period of the previous year (YoY). Total revenue stood at THB 11,198 mn, an increase of 53.0% YoY. Excluding a non-recurring item