Public Company Limited and its subsidiaries, would like to present the Management Discussion and Analysis (MD&A) of Q1/2020 as follows: Management Discussion and Analysis (MD&A) Patum Rice Mill and Granary

of the Coronavirus Disease 2019 (“COVID-19”) at present, the epidemic continues to heavy spread among the countries of customers. As a result, the Company's main customers postpone orders and

progress of the works which certified by customers. Since 2018 up to present, the Group has construction projects which hired by main contractors rather than owner projects. Due to the construction projects

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

obtains a tendency to continuously recover and more stability. Due to the reasons that China’s economy enables to be expanded while US’s economy still slightly slowdowns. However, this slowdown is expected

the same period last year. Due to the adjustment the business strategy to focused on the large project. And the quality of service and products which support the needs of the customers as efficiency. As

is the second time in 1 years while the government’s consumption still growing lower continuously, due to Thailand’s budget for fiscal year 2020 was not announced. Filter Vision Public Company Limited

medical service concerning healthcare and esthetics due to temporary stop operation because of Coronavirus disease (COVID-19). 3.2 Gross Profit The Group's gross profit was decreased from the same period of

company was at Baht 5,402 million, increased by Baht 3,273 million or 154% from Q1/2019, and increased Baht 3,771 million or 231% from Q2/2018. this is mainly due to the immediate recognition of GLOW’s

2.61 million yoy. This was due to the drawdown of THB 300 million bank loans for subsidiary share acquisition in 2Q’18 and THB 20 million for acquisition of land by subsidiary in 1Q’19. At present, THB