were 8.34% of total sales, slightly increased from 8.24% in 2018. Share of Profit from Associated Company The consolidated share of profit from associated companies based on the equity method in 2019 was

Management Discussion and Analysis for the 2nd Quarter 2020 Page 5 of 14 Share of Profit from Associated Companies The consolidated share of profit from associated companies based on the equity method in

Connected Transaction under the Notification of the Capital Market Supervisory Board No. TorJor. 21/2551 Re: Rules on Entering into Connected Transactions (as amended) and the Notification of the Board of

0.33 Million Baht or 93.86% decrease from the same period last year. This was the result of received from associated companies is Thai Takaya Co.,Ltd. 0.30 Million Baht. 4. Gain on sales of assets 1.74

profit from sales of Anantara Chiang Mai serviced apartment units under our associated company MHG NPark Development Company Limited. 1.4 Share of Profit from Investments in Joint Ventures (JV) Share of

% compared to the previous year. 6. Share of loss of associated company amounting to 0.35 Million Baht as during the second quarter the Group has invested in 2 associated company as follow; - Sales and

. However, in this period the borrowing cost is recognized as the financial cost due to the completion of the plant construction. (7) Share of profit (loss) from investment in associated company and joint

the Company, BCP Trading Pte. Ltd. and share of profit from associated companies 2/ EBITDA from Marketing Business of the Company, Bangchak Green Net Co.,Ltd., Bangchak Retail Co., Ltd., and share of

rate was decreased and repayment term loan. (6) Share of profit (loss) from investment in associated company and joint ventures In the third quarter of 2020, the Company recognized the loss sharing from

. and share of profit from associated companies 2/ EBITDA from Marketing Business of the Company, Bangchak Green Net Co.,Ltd., Bangchak Retail Co., Ltd., and share of profit from associated companies 3