obligation Adjustment to retained earnings Adjustment to expense current period 2016, Q1+Q2 Adjustment to expense current period 2016, Q3+Q4 Patkol public company limited 101.25 204.54 103.3 92.62 5.34 5.34

Baht 152 million; an increase of Baht 115 million in terms of loss compared to 2018, which had a net loss of Baht 37 million. In line with contractual obligation, the company was obliged to deliver the

of Baht 63 million in terms of loss compared to Q3/2018, which had a net loss of Baht 1 million. In line with contractual obligation, we were obliged to deliver the major projects within the first nine

integration of acquired businesses, the start of earning recovery in our high-volume Necessities business and our stable but higher-margin HVA business. We delivered record earnings and cash flows and expect

achieved strong earnings, a growth of 49% in core EBIDTA or $749 mil- lion which is on track to deliver over $1 Billion in annual EBITDA in 2017, the first time in the history of the Company. The strong

meet market demand in 3Q17. Therefore, the tailwinds in volume and margins are expected to handsomely beat earnings estimates on a fully diluted basis following the exercise of W1 warrants. 3 In last

discharge & complaint SW income for THB 3.7 million. Without this adjustment, administrative expenses would have been decreased by 4%. Earnings before interest, taxes and depreciation (“EBITDA”) EBITDA (not

million (THB 8.4 billion), -7% YoY, Core EBITDA margin 10%  Core Net profit after tax of $128 million (THB 4.0 billion), -27% YoY  Core Earnings Per Share of THB 0.67, -32% YoY  Operating Cash Flow of

of $304 million (THB 9.6 billion), -7% YoY, Core EBITDA margin 10%  Core Net profit after tax of $128 million (THB 4.0 billion), -27% YoY  Core Earnings Per Share of THB 0.67, -32% YoY  Operating