Asset (Refer to Consolidated Financial Statement 28 February 2015) NTA of target company x %holding x 100 NTA of the listed company and its subsidiaries =57.36x80%x100 886.64 =5.18% Net Profit (Refer to

25% 679 23% 143% Normalized Profit for the period after NCI1 51 5% 163 5% 217% Note: 1 Excluded unrealized gain from foreign exchange rate on convertible bond, reverse effective interest rate on loan

2,001 1,322 -11% -34% Admin and others 4,119 5,437 4,568 11% -16% Operating profit 9,410 10,205 12,529 33% 23% Net foreign exchange gain (loss) 62 412 -198 -417% -148% Other income (expense) 133 282 414

the company, the net profit of the company will be Baht 1,081 million. This is an increase from Q1/2019 by Baht 139 million or 15%, and an increase from Q2/2018 by Baht 28 million. Both GPSC and GLOW

& Distribution Expenses per net sales 6.4% 6.7% (0.3%) 6.0% 6.2% (0.2%) Administrative Expense per net sales 11.1% 10.9% 0.1% 8.3% 8.2% 0.1% Net profit margin 5.1% 5.5% (0.4%) 6.9% 6.7% 0.2% - Basic earnings per

& Distribution Expenses per net sales 6.4% 6.7% (0.3%) 6.0% 6.2% (0.2%) Administrative Expense per net sales 11.1% 10.9% 0.2% 8.3% 8.2% 0.1% Net profit margin 5.1% 5.5% (0.4%) 6.9% 6.7% 0.2% - Basic earnings per

(which is the highest transaction size in accordance with Operating Profit Criteria) and when taken into account other acquisition of assets by the Company during the past 6 months, the aggregate

quarter of 2018 and gain on sale of written off account receivables last year, our net profit in the fourth quarter of 2018 increased 3% q-q and 23% y-y. Financial Status  Total Assets As of February 28

3,331 16% Admin and others 3,908 4,046 3,850 -1.5% -4.8% 7,759 7,896 1.8% Operating profit 9,676 9,064 9,184 -5.1% 1.3% 19,289 18,247 -5.4% Net foreign exchange gain (loss) -157 -42 -335 113% 688% -380

) 30 9 million Baht Board of directors: 3 directors from ABN and 2 directors from SPI, in total of 5 directors Source of fund: Internal cash flow Business benefit The JV is intended to develop the fibre