Fiscal year ended 31 March

Consolidated (THB mn) | 1Q 17/18 | 4Q 16/17 | 3Q 16/17 | 2Q 16/17 | 1Q 16/17 |

Total operating revenue | 852 | 863 | 672 | 712 | 624 |

Cost of sales | 356 | 357 | 274 | 273 | 256 |

Gross profit | 496 | 506 | 398 | 438 | 368 |

EBITDA | 352 | 345 | 254 | 332 | 443 |

EBIT | 251 | 250 | 173 | 263 | 371 |

Net profit (loss) | 175 | 204 | 118 | 198 | 313 |

Total assets | 8,213 | 7,985 | 5,600 | 4,617 | 4,477 |

Total liabilities | 4,918 | 4,880 | 2,095 | 1,682 | 1,304 |

Total shareholders' equity | 3,295 | 3,105 | 3,506 | 2,934 | 3,172 |

Key Financial Ratios | 1Q 17/18 | 4Q 16/17 | 3Q 16/17 | 2Q 16/17 | 1Q 16/17 |

Profitability Ratios ^{(1)} |
|||||

Gross profit margin (%) | 58% | 59% | 59% | 62% | 59% |

EBITDA margin (%) | 41% | 40% | 38% | 47% | 71% |

EBIT margin (%) | 29% | 29% | 26% | 37% | 59% |

Net profit margin (%) | 20% | 23% | 18% | 28% | 37% |

ROE (%) | 35% | 40% | 29% | 37% | 40% |

Liquidity Ratios |
|||||

Current ratio (times) | 0.8X | 0.9X | 0.9X | 1.1X | 0.9X |

Efficiency Ratios |
|||||

ROA (%) | 9% | 12% | 19% | 23% | 12% |

Asset turnover (times) | 0.4X | 0.5X | 0.5X | 0.6X | 0.5X |

Leverage Ratios |
|||||

Liability to equity (times) | 1.5X | 1.6X | 0.6X | 0.6X | 1.6X |

Debt to equity (times) | 0.9X | 1.0X | 0.3X | 0.2X | 1.0X |

^{(1)} Calculated using total operating revenue |

Remark: The Company restated 1Q 2016/17 (only income statement) and 4Q 2016/17 financial performance after the consolidation of Rabbit Group under the common control basis. We are in the process of restating the remaining quarters. |

Fiscal year ended 31 March

Consolidated (THB mn) | 2016/17 | 2015/16** (Restated) |
2014/15* |

Total operating revenue | 3,052 | 2,341 | 2,963 |

Cost of sales | 1,269 | 881 | 1,325 |

Gross profit | 1,783 | 1,461 | 1,638 |

EBITDA | 1,356 | 1,391 | 1,225 |

EBIT | 1,010 | 1,154 | 1,065 |

Net profit (loss) | 826 | 941 | 838 |

Total assets | 7,985 | 5,563 | 3,286 |

Total liabilities | 4,880 | 1,728 | 1,457 |

Total shareholders' equity | 3,105 | 3,835 | 1,829 |

Key Financial Ratios | 2016/17 | 2015/16** (Restated) |
2014/15* |

Profitability Ratios^{(1)} |
|||

Gross profit margin (%) | 58% | 62% | 55% |

EBITDA margin (%) | 44% | 59% | 41% |

EBIT margin (%) | 33% | 49% | 36% |

Net profit margin (%) | 27% | 40% | 28% |

ROE (%) | 24% | 32% | 44% |

Liquidity Ratios |
|||

Current ratio (times) | 0.9X | 1.8X | 0.7X |

Efficiency Ratios |
|||

ROA (%) | 12% | 19% | 28% |

Asset turnover (times) | 0.5X | 0.5X | 1.0X |

Leverage Ratios |
|||

Liability to equity (times) | 1.6X | 0.5X | 0.8X |

Debt to equity (times) | 1.0X | 0.1X | 0.3X |

^{(1)} |
Calculated using total operating revenue |

^{(2)} |
The total dividend payment from 2015/16 operations was THB 755mn (the dividend payment from 2nd half of 2015/16 operation is subject to the resolution of Annual General Meeting, which will be held on 5 July 2015). |

^{*} |
Provision of initial damages incurred from terminating the agreement with Big C of THB 215mn (before tax) has been set aside in 4Q 14/15 |

^{**} |
The Company restated 2015/16 financial performance after the consolidation of Rabbit Group under the common control basis. |