(%) 35.81 30.44 5.37% - - - 5. Gross profit from main income (Million THB) 546.37 673.55 (18.91%) 318.77 494.27 (35.51%) (%) 32.64 29.51 3.13% 28.56 27.67 0.89% 6. Expenses on sales (Million THB) 134.60

profit margin from sales of the Company and subsidiary companies increase 28.71% and 2.25% respectively. It derives from the main income of 11,252.25 million THB in 2018 which increases 17.05% or 1,639.40

profit from management business (%) 33.73 35.45 (1.73%) - - - 5. Gross profit from main income (million THB) 741.80 757.74 (2.10%) 557.99 595.17 (6.25%) (%) 29.68 30.64 (0.96%) 27.21 28.62 (1.41%) 6

management business (%) 30.44 34.26 (3.82%) - - - 5. Gross profit from main income (Million THB) 673.75 625.76 7.67% 494.27 471.95 4.73% (%) 29.51 30.70 (1.19%) 27.67 28.34 (0.67%) 6. Expenses on sales

represents decreasing of profit 50 Million Baht (391%) from 2017’s profit of 13 million Baht . The main causes for the lower net profit is because the economy was still in the process of recovering in 2017 and

profit was 2.42%, increased from last year at net loss 2.39%. The main factor is the control of production costs, improving the gross margin and control costs of selling and administrative. Panjawattana

from nine operating stores for the second quarter of 2019 was Baht 4,510.60 million, representing a decrease of 3.6% over the same period last year. The main reasons for the increase in net profit were

and revenue for the third quarter of 2019 was Baht 4,149.40 million, representing a decrease of 6.9% over the same period of last year. The main reasons for the increase in net profit were the increase

project cost of construction and electrical engineering and increase in revenue Baht 29 million. 2. Management Service (“MS”) had an increase in gross profit for Baht 9 million. Main reason was that, in Q3

decrease of 3.0% over the same period of last year. The main reasons for the increase in net profit were the increase in the gross profit margin that expanded from 14.6% in the year of 2018 to 16.6% in the