Discussion and Analysis as follows : FINANCIAL SUMMARY 31.12.16 31.12.17 31.12.18 FINANCIAL POSITION (MILLION BAHT) Current Assets 1,228 1,119 1,154 Total Assets 1,361 1,242 1,268 Current Liabilities 914 784

from disposal of assets of 47.61 million baht, loss from impairment of vessels and equipment due to valuation of 30.43 million baht and unrealized loss on foreign exchange of 34.16 million baht

2019 (Unit: Million Baht) Assets 30 Sep. 2019 % 31 Dec. 2018 % Trade and other receivables 218.90 14% 120.51 9% Inventories 132.12 8% 119.88 9% Investment in associated company 290.63 19% 330.87 24

the transaction relating to assets and services (Type 4) which is an acquisition of ordinary shares in TBSP (a subsidiary of the Company and the Company is the major shareholder holding 77.74% shares in

Characteristic of the Transaction and Size of the Transaction The transaction is the transaction relating to assets and services (Type 4) which is an acquisition of ordinary shares in TBSP (a subsidiary of the

Notification of the CMSB No. TorChor 20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of Assets and the Notification of the Board of Governors of the Stock Exchange of

million, a 11.37% dropped or Baht 49.66 million same period of previous year. Because of Gain from sale of fixed assets stated in Q1/2018 consolidated financial statements at the amount of Baht 57.82

Company recorded Baht 2.69 million gain on disposal of assets. For the three-month period financial statement ended March 31, 2019, the Company recorded Baht 11,680.24 gain on disposal of assets. For the

million from the reversal of deferred tax assets during the reporting quarter amounting to Baht 2.97 million as compared to the recognition of the deferred tax assets of Baht 0.24 million during the 3

incurred in marketing expenses and employee expense from coffee shop business. Summary of Financial Statement of Positions 30-Jun-19 31-Dec-18 Change %Change Assets Cash and Cash Equivalents 232.7 21.4 211.3