year. The high increased for the passenger car segment are the results of the low base of previous year, the launch of new car models, new car purchase from the end of the first car scheme and the

launch of Singha Complex in late 2018. 2019 Net profit at THB 1,209m, or 16% decline YoY, due to various factors, namely profit margin during early stage of 2 hotels in Crossroads project phase 1

FY2016 FY2017 % YoY(Unit: Bt.mn) 4Q16 3Q17 Note: 1 includes gain (loss) from foreign exchange rate, professional fees in relation to M&A activity, sales & marketing expenses for the launch of new

expenses (9.16) (9.48) (0.32) 3.55% (20.45) (17.26) 3.19 -15.59% Share of gain of investments in associate 0.04 2.86 2.82 7803.29% 0.07 2.89 2.82 4130.50% Finance costs (0.08) (0.07) 0.01 -11.94% (0.16

% Administrative expenses (9.68) (8.59) 1.09 -11.28% (30.12) (25.84) 4.28 -14.21% Profit from operating activities 26.79 11.03 (15.76) -58.83% 85.23 48.96 (36.27) -42.56% Share of gain(loss) on investments in

contribute high gross margin; 4) marketing activities to help dry stock at trade stores and prepare for new packaging launch in Q3; and 5) increased administrative expenses from higher personnel expenses to

chance to gain the new group of customers to use the service via Boonterm kiosk. Moreover, the Company plans to launch new services constantly which are diverse and integrated to meet the customers’ needs

COVID-19 pandemic around the globe and measures to limit the spread of COVID-19 implemented by government in various countries together with commercial launch of Crossroads in September 2019 pressuring

sales of real estate 5,612.6 84.3 5,826.2 85.8 213.6 3.8 Revenues from project management 603.7 9.1 422.7 6.2 (181.0) (30.0) Dividend income - - 0.3 0.0 0.3 100.0 Gain from transfer of right for land

consulted with SEC about setting up SSF, which is expected for launch to the public in mid February this year.  _______________________