Microsoft Word - MD&A_Q3_2018_ENG_12Nov18 #2 1 NPPG.081/2018 12 November 2018 Subject Management’s Discussion and Analysis for the quarter 3 year 2018 To The President The Stock Exchange of Thailand

million, mainly caused by increased of finished goods Baht 389.1 million, work in process Baht 72.1 million, raw materials Baht 68.4 million, supplies Baht 22.5 million, and decreased of goods in transit

analysis for the three-month period ended September 30, 2019 To: Director and Manager of the Stock Exchange of Thailand Referring to the submission of reviewed financial statements for quarter 3/2019 of Wiik

Baht 81.2 million, raw materials Baht 176.7 million, increased of supplies Baht 6.7 million and goods in transit Baht 43.9 million. -2- 5. Maintenance supplies decreased Baht 10.7 million. 6. Property

last year, driven by the Company was able to control key raw materials price and also increased the operation’s efficiency continuously. Selling Expenses Selling expenses was Baht 1,497 million decreased

of raw materials shortage and postponed the shipments as compared to same period of last year. 2. Cost of sales For the second quarter ended 30 June 2020, the Company’s cost of goods sold was USD

increased of finished goods Baht 65.4 million, goods in transit Baht 16.8 million, decreased of work in process Baht 32.8 million, raw materials Baht 61.2 million and supplies Baht 3.3 million. 5. Maintenance

34.7 million, supplies Baht 30.0 million, goods in transit Baht 23.5 million, decreased of work in process Baht 20.1 million and raw materials Baht 12.6 million. 5. Maintenance supplies decreased Baht

in the market. As a result, the Company’s cost of raw materials cannot adjust to the market price continuously decline in time. Even though, the government has imposed the urgent measures to absorb

¥8.47 (6.2) (2.22) 4.7274 ¥10.30 (9.7) (3.60) Total effect (84.03) (214.89) 2) A change of main raw materials price Table 2: Raw material prices and purchased volume 3Q 2019 2Q 2019 Q-o-Q Effect 3Q 2018 Y