appraised value. After entering into the disposition of assets, the Company will still have the same business nature as usual having main source of revenue from advertising and distribution of Bangkok Post

Discussion and Analysis For the Three-month and Nine-month Periods Ended 30 September, 201# Page 2 Unit : Million Baht Statement of Financial Position Dec 31, 2017 Jan 1, 2017 Assets Total Assets - Previously

% -68.2 -12.8% Sales Revenue 345.5 37.7% 424.6 45.7% 79.1 22.9% Other Income 36.1 3.9% 38.1 4.1% 2.00 5.5% Total Revenues 915.7 100.0% 928.6 100.0% 12.9 1.4% Cost of Rental and Services 485.2 53.0% 429.2

ratios (%) 3Q17 3Q16 %YoY 2Q17 %QoQ 9M17 9M16 %YoY Gross profit margin (%) 44.99 46.51 (1.52) 47.00 (2.01) 44.99 45.68 (0.69) Distribution costs and administrative expenses to total revenue (%) 39.22 30.84

follow; unit: million baht Items 3-month periods ended 31 March Changes 2018 2019 Amount % Amount % Amount % Revenue from sales of goods 82.42 100.00 113.01 100.00 30.59 37.11 Cost of sales of goods 65.35

in the past. As a result of this economic situation, the Company's revenue from sales and services increased by Baht 31.61 million from the same quarter of last year. The forecast of the minimum wage

as follows. The total revenue of the Company and its subsidiaries in the consolidated financial statements for the year 2017 was equal to 762.85 million Baht, an increase of 148.67 million Baht or

period of fiscal year 2017 with total revenues of 292.49 million Baht or a decrease of 49.85 percent. The revenue decrease was partly result from the Rubber Wood business which is the main income of the

2/2018 was 196.52 million baht related to Quarter 2/2017 was 131.72 million baht to be increased 49.20% the reason are Operating results - The Company realized 316.80 million baht for revenue from

revenue increased by 20.3% year-on-year and reached Baht 8,197.2 million which is the highest revenue per quarter since the company has started the operation. Sales and service income increased by 20.7