: Overall Financial Performance Unit: million baht Jan-Dec 2018 % Jan-Dec 2019 % Change % YoY Revenue 523.23 100.0% 613.86 100.0% 90.63 17.3% Cost 285.52 54.6% 332.39 54.1% 46.87 16.4% Gross Profit 237.71

Discussion and Analysis For the Quarter Ended March 31, 2018 Operating Performance Revenues Revenue Structure by Business Operations Type of Revenue Consolidated Financial Statements For the quarter ended

in order to increase sales, in the meantime focus on control system and reduce expenses to conform actual incomes which decreased. Performance Analysis Unit : MB For the quarterly Change For the six

due to temporary closure of 11 branches since March 22, 2020 in order to comply with regulation issued under The Emergency Decree on Public Administration in Emergency Situations. Performance Analysis

Table 1: Overall Financial Performance Unit: million baht Jan-Sep 2018 % Jan-Sep 2019 % Change % YoY Revenue 380.50 100.0% 440.78 100.0% 60.28 15.8% Cost 217.33 57.1% 238.03 54.0% 20.70 9.5% Gross Profit

Q1’19 market share of 27.9% increased by 290 bps QoQ, leaving 900 bps gap to the 2nd player. - Gross margin improved 270 bps YoY to 34.8% in Q1’19 mainly contributed by the performance of Fitness First

same period last year, mainly to compensate for the cost of dealing with the COVID-19 disease problem, while capital expenditures decreased from the same period last year which was in line with the

1 Note: 1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 1. ANALYSIS OF FINANCIAL PERFORMANCE In

- Translation - Management Discussion and Analysis of the Company’s Performance for the three-month period ended 31 March 2020 - Translation - JKN GLOBAL MEDIA PUBLIC COMPANY LIMITED Management

analysis for the year as at 31 December 2017, as follow Analysis of Financial Performance Full Year 2017 Revenues Revenues Accounting Year 2016 2017 THB Mn % (1) THB Mn % (1) Revenue from Sales and Service