Microsoft Word - S_2019_GRC-02_025_S43 Share Acquisition_EN Page 1 – Translation – GRC-02/2019/025 11 December 2019 Subject: Report of the Asset Acquisition To: President The Stock Exchange of

expenses of Baht 493.80 million, decreased from the last year Baht 43.19 million or 8.04% due to the company has adjusted the selling expenses to net sales. 4. Share of gain (loss) from investments in joint

expenses of Baht 536.99 million, increased from the last year Baht 32.68 million or 6.48% due to the company’s expenses increased from employee expenses and space retal. 4. Share of gain (loss) from

expenses Baht 10.00 million from advertising. 4. Share of gain from investments in joint venture an associate Baht 127.65 million increased from last year by Baht 128.01 million because the associates gain a

expenses (9.16) (9.48) (0.32) 3.55% (20.45) (17.26) 3.19 -15.59% Share of gain of investments in associate 0.04 2.86 2.82 7803.29% 0.07 2.89 2.82 4130.50% Finance costs (0.08) (0.07) 0.01 -11.94% (0.16

% Administrative expenses (9.68) (8.59) 1.09 -11.28% (30.12) (25.84) 4.28 -14.21% Profit from operating activities 26.79 11.03 (15.76) -58.83% 85.23 48.96 (36.27) -42.56% Share of gain(loss) on investments in

was in accordance with company’s continually expanding strategy and well management in sales and marketing function. The company; therefore, can gain more market share. 2. Selling and Administrative

405.94 Selling and Administrative expenses (79.68) (116.83) Share of Gain/(Loss) from equity method (4.39) 12.86 Finance cost (18.06) (0.02) Profit/(Loss) before tax 96.38 301.95 Corporate Income Tax 0.39

investment properties (reverse) #DIV/0! EBIT 94.66 133.42 -29.05 63.92 70.64 -9.52 Share of gain (loss) from investment in joint ventures -8.45 -8.91 -5.16 Financial cost -62.62 -58.66 6.76 -50.57 -59.39

) (14.6) Total Expenses 2,260.9 67.8 2,415.9 73.4 155.0 6.9 Profit from operating activities 1,075.6 32.2 876.5 26.6 (199.1) (18.5) Share of gain (loss) from investments in joint ventures (69.1) (2.1) 61.4