margin (exclude non-recurring cost) 30% 28% 2% 33% 31% 3% Administrative expenses before adj. 41.45 40.84 2% 83.09 88.68 -6% Adj. staff benefit 2.19 - 2.19 - Adj. previous year SW income 20.31 10.66 90

efficiency management. Majority of restaurant’s operational expenses were lower due to outlet modification as mentioned above. Non-recurring Item In November 2017, there was a fire incident at one of the

strongly, especially on a same-store basis that continues to grow together with cost effective management. Excluding the non-recurring items, total revenue increased 9.0% YoY and net profit increased 7.4

2017. Excluding the non-recurring items, Company delivered net profit THB 346 mil. or growth of 3.2% y-y as well as primary due to higher Share of Profit of associates contribution. Page 4 of 4 T.K.S

, decrease by Baht 49.4 million or 38.7% from last year due to recognition of non-monetary and non-recurring expenses i.e. share- based payment of Baht 61 million and impairment loss on assets of Baht 13.4

diversifying into other business sector such as expanding to recurring income business. Furthermore, the Company is considering and evaluating a plan for joint venture with local and oversea entities to ensure

74.52% due to an increase in rent and service income from warehouse/factory space. This was a result from diversifying the Company’s business risk by expanding into recurring income business. The

Munkong Living Co., Ltd.). All of these helped to increase recurring income as part of the Company’s business strategy. Gross profit derived from this business was THB 32.22 million, an increase of THB

; and b) Engaged in audit regulatory functions in the public interest, and, in particular: - Ultimately responsible for the system of recurring inspection of audit firms undertaking audits of public

23.6 2.4% 25.5 2.2% 1.9 8.2% Non-recurring items1 58.5 6.0% (423.3) (37.0%) (481.8) (823.7%) Adjusted EBITDA2 312.1 32.0% 139.7 12.2% (172.3) (55.2%) Adjusted Net Profit of the year after 36.7 3.8