related with operating result (%) For the period ended Change 31 March 2019 31 March 2018 Gross profit margin (%) 41.47 41.99 (0.52) Distribution costs and administrative expenses to total revenue (%) 44.79

, as a result of decreasing in sales from the close down of branches. 3. The Company’s selling and administrative expenses in the 1st quarter of 2019 were Baht 221.12 million, decreased from the same

2019) 9. Source of Capital : Subsidiary’s working capital This transaction is the acquisition or disposal of investment in a company. This will result in LHH being a subsidiary of LHMH and not being a

- Translation - MPIC 018/2019 August 7, 2019 Subject: Submit the Financial Statement for the quarter ended June 30, 2019 and clarification for the change of operating result more than 20% Attention

/ 2018 which Net Profit margin was decreased due to sales was decreased, however The company got effect from Thai Baht strengthen against US Dollar, got to drought impacts as a result material shortage and

with Q2 / 2018 which Net Profit margin was decreased due to sales was decreased, however The company got effect from Thai Baht strengthen against US Dollar, got to drought impacts as a result material

Liabilities 784 808 804 Total Liabilities 797 817 813 Shareholder’s Equity 445 451 462 OPERATING RESULT (MILLION BAHT) Sales Revenue 3,727 3,660 1,775 Gross Profit 247 263 136 Operating Profit 126 124 75 Profit

last year 24.2%. The Company’s 6-month end net profit margin stood at 25.9%. An increase of net profit was a result of the Company has higher revenues from collection of purchased accounts receivables

atmosphere to be sluggish. Cost of goods sold was 146.00 million baht. It decreased 11.76 million baht or equivalent to 7.45% compared to the same period last year, which was the result form sales decrease

same period of last year including 1Q19. This is because the customers’ purchase order had declined, and as a result, the overall utilization rate was lowered, and consequently the production cost per