restaurants, and other relevant properties to Patara Fine Thai Cuisine Limited (PFTC). S & P Development Holding Co., Ltd. (a -2- subsidiary which its 100 percent shares held by the Company) and MFG

purchased; (iv) gain on properties for sale; (v) gain on installment sales; and (vi) other operating income less total interest income and further divided by the sum of (i) – (vi). 3 Operating profit margin

agreement 99.2 102.3 3.1 3.1% Cost of sales and services (874.7) (1,149.4) 274.7 31.4% Gross profit 439.4 471.6 32.2 7.3% Net gain (loss) on exchange rate 55.1 (4.6) (59.7) N.A.(

100.00% Impairment loss of investment property 6.82 - 0.00% 6.82 100.00% Total expenses 564.80 81.44% 825.14 98.61% -260.34 -31.55% Profit before finance costs and income tax expenses 128.71 18.56% 11.66

has a net profit 4.7 million baht increased from the second quarter of 2019 126.2% and the performance of the company for 6 months’ net profit 21.3 million baht increased from the same period of the

of THB 754 mn and net profit at THB 85 mn). The difference versus GLAND’s reported statement of comprehensive income mainly comes from the investment properties that the Company recorded at the time of

Development Plc. would like to inform its financial results for the year 2019 which ended on 31 December 2019. The Company and its subsidiaries reported a net profit of THB 177.45 million or earnings per share

of THB 754 mn and net profit at THB 85 mn). The difference versus GLAND’s reported statement of comprehensive income mainly comes from the investment properties that the Company recorded at the time of

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

53,444 million, increased by THB 3,137 million over the same period last year. The company’s profit from continuing operations was THB 1,658 million, increased by THB 379 million, and the profit margin for