increase of Baht 23 million or an increase of 12% from the same period of last year. This is due to the increase in administrative expenses such as amortization of computer software, provision for long-term

as at December 31, 2019 primarily due to:  Decrease in provision from onerous project contract of transmission and telecommunication towers in the amount of THB 19.61 million due to recognition of

from the year 2018, partly due to the Bank of Thailand’s measures which increased the conditions in loan provision for real estate purchases and foreign customers are greatly reduced 3.3 Sales and

Power Plants • THB 69.87 million of loss from impairment of investment in associates • THB 64.69 million of provision on project under future obligation • THB 0.76 million of loss from disposition of

of 20.67 Million Baht), Ua Withya Public Company recorded provision from project work burdened of 64.69 Million Baht due to vary in price of raw materials from the date of proposed to customers, more

Plants. • THB 99.68 million of loss from impairment of investment in Power Plants • THB 69.87 million of loss from impairment of investment in associates • THB 64.69 million of provision on project under

which was resulted from effective cost management following the coronavirus outbreak (COVID-19) and the increased expense in supporting services. Expected Credit Losses (Reversal) To allocate provision in

, 2020 Subject Management’ Discussion and Analysis for the 1st Quarter in 2020 To Directors & Managers The Stock Exchange of Thailand Inter Pharma Public Company Limited (“the Company”) hereby submitting

0.74% to (2.53%) An decrease in net profit is mainly contributed by the unrealized loss from fair value assessment of financial assets during Q3/2020 at THB 71.63 million and provision of obsolete stock

merged structure and details for the Company subsidiary’s merger project in Philippines which approved by EGM dated August 10, 2017 in consider to minimize potential tax risks derives in Philippines