of Services The Company incurred service costs for the 3rd quarter of 2018 equal to 173.0 million baht more than the 3rd quarter of 2017 at 13.5 percent as compare to the same quarter last year. The

statement for the third quarter in 2018 reported a net profit of 2.6 million baht more than the third quarter in 2017 at 98.0 percent and the Company’s net profit margin equal to 0.09 percent. Thus, the

mainly because the volume of batteries sold decreased due to the impact of COVID-19. The Company’s gross profit margins for the first 6-month period of 2019 – 2020 were equal to 18.60 percent and 20.70

the first quarter of 2018 equal to 37.0 million Baht, an increasing from the first quarter in 2017 1.6%. Major components of an increasing in employee remuneration and selling expenses from the business

had service and administrative expenses for the first quarter of 2019 equal to 26.0 million Baht, a decreasing from the first quarter in 2018 29.7%. The company reduces its expenses under cost reduction

had service and administrative expenses for the first quarter of 2020 equal to 27.1 million baht, a decreasing from the first quarter in 2019 3.3%. Management Discussion and Analysis Q1/2020 Page 3/4

100,734,301 shares, equal to 201,468,602 shares which is equivalent to 22.22% of total paid-up shares of the company % of accommodated shares = 201,468,602 . = 22.22 % 906,608,710 Thus, the number of shares

”) a subsidiary of NMG and also a connected person of NMG, whose 149,999,998 shares or equivalent to 99.99 percent of the total sold shares are held by NMG. The total value of transaction equals to 5.02

cost of sales and services decreased equivalent to 70.67 million Baht, a decrease of 66.39 million Baht from the same quarter of 2018 with cost of sales of 137.06 million Baht, representing a decrease

cost of sales and services decreased equivalent to 55.86 million Baht, a decrease of 38.25 million Baht from the same quarter of 2018 with cost of sales of 94.11 million Baht, representing a decrease