objective of the termination of this leasehold rights was the ESTATE has intention to develop their new project on this land and to reduce the cost of the Company from recognizing project cost since 2014 when

Concession Contracts including of the obligation for extensions of the MRT Pink Line Project and the MRT Yellow Line Project with Mass Rapid Transit Authority of Thailand ("MRTA"). On October 9, 2017, the

5.0% Cost of sales and services 36,722.5 74.53 34,471.5 73.52 2,251.1 6.5% 34,127.2 72.71 2,595.3 7.6% Gross profit 12,546.7 25.47 12,415.8 26.48 130.9 1.1% 12,811.0 27.29 (264.3) (2.1%) Operating

higher selling price and higher sale volume in CNF incoterm, while lower unit sold and appreciation of Thai baht against US dollar. . Cost of goods sold and expenses Three-month (Thousands Baht) Change

termination of this leasehold rights was to reduce the cost of the Company from recognizing project cost since 2014 when the Company entered into lease agreement. Since then, Project MET has not started any

100.0% -4.6% -8.7% Cost of services (629.36) -78.8% (599.48) -78.3% (585.67) -80.3% -2.3% -6.9% Gross profit 169.29 21.2% 164.86 21.6% 143.38 19.7% -13.0% -15.3% Service & Administrative expenses (53.62

) 804.20 100.0% 729.05 100.0% 666.61 100.0% -8.6% -17.1% Cost of services (640.56) -79.7% (585.67) -80.2% (546.49) -82.0% -6.7% -14.7% Gross profit 163.64 20.4% 143.38 19.7% 120.12 18.0% -16.2% -26.6

aforementioned transactions, it is anticipated that synergies across the VGI Group’s subsidiaries and associate companies will be enhanced following the workforce integration, which may lead to potential cost

rapid increase of the number of Internet users; and the growing recognition of these media as effective advertising and marketing tools. Within the OOH media landscape, the trend has shifted from the sole

changes, whereby urban population nowadays tend to spend more time outside their homes; the rapid increase of the number of Internet users; and the growing recognition of these media as effective