. Pricing impact on revenue: the company realized overall higher prices in Q4 compared with previous months on same-customer comparison basis given the robust demand and increased input cost pressure on all

, +13.4% YoY and +12.6% QoQ. Q1’19 Net profit* margin was at 14.0%, +120 bps YoY and +150 bps QoQ. - Overall Q1’19 Net Sales were at THB 6,366 million, or +4.2% YoY, driven by all business units. Domestic

Page 1 of 6 - Translation - Ref. WINNER 0024/2019 August 13, 2019 Re Management Discussion and Analysis (MD & A) for Q2/2019 To The President The Stock Exchange of Thailand 1. Analysis of Overall

decreased by 8.3%, with 14.0% decrease in automotive parts businesses and 8.0% increase in dealership businesses. The decrease in overall revenue was due to the following reasons: 1) Automotive Parts Business

Thailand Re: Disclosure of Information and Other Acts of Listed Companies Concerning the Acquisition and Disposition of Assets, 2004 (collectively, the “Notifications on Acquisition or Disposal”). The

and prepare report relating to short selling as stipulated by the Notification of the SEC Office. Clause 9 All Notifications of the Office of the Securities and Exchange Commission, orders and circulars

the information and prepare report relating to short selling as stipulated by the Notification of the SEC Office. Clause 9 All Notifications of the Office of the Securities and Exchange Commission

Office. Clause 9 All Notifications of the Office of the Securities and Exchange Commission, orders and circulars issued under or prescribing guidelines for compliance with the Notification of the

supporting the giving of advice for at least two years from the date on which such advice is given in Thailand. Clause 8 All notifications, orders and circulars issued under or prescribing guidelines for

documents supporting the giving of advice for at least two years from the date on which such advice is given in Thailand. Clause 8 All notifications, orders and circulars issued under or prescribing