clarifies the changes in the performance over 20% as follows: FINANCIAL PERFORMANCE Consolidated Financial Statements Q1 2017 Q1 2018 Increase/(Decrease) THB mm THB mm THB mm % Total Revenue/1 1,365.1 3,447.1

31 March 2020 Ratio 2019 Ratio Increase / (Decrease) Amount % Service revenue 646.34 100% 480.92 100% 165.42 34.40 Cost of service 531.42 82.22% 404.10 84.03% 127.32 31.51 Gross profit 114.91 17.78

to grow at 3% YoY from sales recognition of new and some existing products. This was impacted by financial statement adjustment in accordance with new Thai accounting standards. According to the

expenses of Baht 141 million, an increase of 11% YoY. Administrative expenses to sales increased to 11% from 9% in Q1/2018, mainly due to financial statement adjustment in accordance with new Thai accounting

revenue increased by 18.8% year-on-year. Sales and service income increased by 20.5%, with 22.9% increase in automotive parts businesses and 13.0% increase in dealership businesses respectively. The

increased Y-o-Y mainly because of an adjustment of staff costs and retirement benefits and an increase in R&D expense. Net Profit The Group reported a consolidated net profit of Bt424.8 million in 1Q20

: The increase in personnel for both management and sales staff in the smartphone segment, including Android and Apple, in preparation for opening Mono stores under the name iStore. The adjustment of

by 20.8%. This represent net profit margin of 0.91%. The major reasons for the Company’s net profit increasing were the Company can achieve a higher total revenues and gain from fair value adjustment

%. The major reasons for the Company’s net profit increasing were the Company can achieve a higher total revenues and gain from fair value adjustment on investment property. Thus, the details of the

HOLDINGS PUBLIC COMPANY LIMITED FOR THE YEAR 2020 1. STATEMENTS OF COMPREHENSIVE INCOME 1.1 Revenues from sales and services (Unit: Million Baht) For the year Movement 2020 2019 Increase (decrease