Reform Priorities in Asia: Taking Corporate Governance to a Higher Level Taking Corporate Governance to a Higher Level reform priorities in Asia 2011 REFORM PRIORITIES IN ASIA: TAKING CORPORATE

% from last year and total revenues of 1,845.12 million Baht which also increased 16.82% from last year. This was mainly due to market and product expansion resulting to higher business volume. 2. Cost of

higher competition. The company recorded revenue from services of 579.03 million Baht which increased from the last year totaling 431.89 million Baht or 293.52% due to the expansion of construction

business expansion and higher accrued staff bonus. Finance Expenses Financial expenses increased during the period from THB 17.5 Mn in 9M17 to THB 18.9 Mn in 9M18 from increased short-term borrowing as

or 6.9% and was mainly due to staff increases to support the future business expansion and higher accrued staff bonus. Finance Expenses For the 9 months ending 30 September 2017 and 2018, financial

million in quarter 1/2017. Such Increase was mainly due to higher office employees supporting expansion. In addition, depreciation in quarter 1, 2018 climbed up from the same period in 2017 as the head

232.02 million or up by 11.75%, which resulted from higher rental income from expansion of Market Village and leasable areas of HomePro’s and Mega Home’s stores. - Other income was Baht 2,170.56 million

448.6 Mn in 2018, an increase of THB 25.1 Mn or 5.9%. This increase was mainly due to staff increase to support the future business expansion and higher accrued staff bonus. As a percent of total revenue

. This was primarily due to the Company’s business expansion which incur higher expense as well as extra expanses for new subsidiaries that operating commercial real estate business and food and beverage

expenses would increase 8.7% YoY and 4.5% QoQ mainly from higher staff cost and expansion in fixed broadband. Net FX gain was Bt252mn compared to a gain of Bt106mn in 2Q18 and Bt84mn in 1Q19. The FX gain was