. However, EBITDA declined by 5.8% yoy to THB 135 million due to higher administrative expenses and higher share of net losses from investments by the equity method. The Company reported net loss of THB 55

hotel, hotel management, and share of profits/losses from investments. • Owned Hotel 2017 2016 % Chg Occupancy (%) 73.3 73.2 1.5 ADR (THB/night) 3,597 3,727 -3.5 RevPar (THB/night) 2,636 2,690 -2.0

an investment advisory company; (2) a company of which an investment advisory company holds shares of twenty percent or more of all voting right share; (3) a company having a shareholder who holds

early 2018. - OSP energy drink market share was at 54%. Q4’18 M150 market share was at 37.9% increase by 90bps QOQ. C-Vitt took over leadership position in functional drink market, with Q4’18 market share

2019: Disposal of asset. The Company entered into the Share Sale and Purchase Agreement to dispose ordinary shares in a subsidiary, Mo Chit Land (MCL), worth THB 4,320mn to Sino-Thai Engineering and

42.1% Share of profit/loss from JVs/associaties (equity income) (24.7) 3.4 N.A. 8.6 N.A. Finance cost 458.2 113.0 305.5% 208.1 120.2% Reported Net Profit/Loss (253.7) (162.5) 56.1% (80.8) 213.9% GOP

margin fell to 1.7% (1Q 2019; 9.0%) • Reported net loss of THB 807mn (down 238% YoY), from the aforementioned lower EBITDA as well as higher share of loss from joint ventures and higher depreciation and

on sale of Investment Properties in amount of 4.2 million Baht. The share of revenues in 2019 comprised of treatment of industrial waste business division represented 86.8%, property development

% Share of profit of associates and joint ventures (6) 0.0% 119 0.2% (125) (105.2%) Profit (loss) before finance cost and tax expense (2,569) -6.2% 2,668 5.1% (5,236) (196.3%) Finance costs 790 1.9% 292 0.6

3,001 6.3% 4,073 7.6% (1,072) -26.3% Profit from operating activities 1,681 3.5% 2,398 4.5% (717) -29.9% Finance costs (771) -1.6% (284) -0.5% (487) 171.4% Share of profit of associates and joint ventures