* Note Please find further information in the consolidated financial statements. 1 May 13th, 2020 Subject: Management Discussion & Analysis (MD&A) for the 1st quarter of 2020 Attention: The President

. The company will then invest in ordinary shares of Vanachai Wood Smith Co., Ltd. in 99,997 shares which is 99.997% of the capital at 10.00 Baht per share (par value) in total value of 999,970.00 Baht

, net profit from the Company was 2,690 million baht, showing an increase of 652 million baht or 32% y-y, and earning per share was 10.76 baht. In the third quarter of 2018, the Company had consolidated

คำอธิบายและการวิเคราะห์ฐานะการเงินและผลการดำเนินงาน * Note Please find further information in the consolidated financial statements. 1 February 21st, 2020 Subject: Management Discussion & Analysis

* Note Please find further information in the consolidated financial statements. 1 23 February, 2018 Subject: Management Discussion & Analysis (MD&A) for the year 2017 Attention: The President The

Company Limited (“the Company”) would like to report on Management Discussion and Analysis from the Separate and Consolidated Financial Statements of the 1st quarter ended March 31, 2018. The details are as

to the same period last year, this is caused by followings: Consolidated financial statements Revenues 1. Total sales of 180.93 Million Baht was 5.14 Million Baht or 2.76% decrease from the same period

by the preparation of the consolidated financial statements. 3. Reversal of provisions for litigation The decrease from the same period last year by 10.88 million baht due to Q2 2016 Reversal of

been audited by the Company's certified public accountant with details as follows. Total revenues of the Company and subsidiaries in the consolidated financial statements in 2018 were equal to 468.05

% comparing to the same period last year, this is caused by followings: Consolidated financial statements Revenues 1. Total revenues from hire of work of 2.24 Million Baht was 8.78 Million Baht or 79.63