. As a result of the aforementioned circumstance, the Company recorded net loss of THB 179mn in this quarter, a decrease of 571.1% YoY with a net loss margin of 35.0%. MANAGEMENT DISCUSSION & ANALYSIS 1Q

circumstance, the Company recorded net loss of THB 161mn in this quarter, a decrease of 497.1% YoY with a net loss margin of 31.7%. EBITDA for this quarter is a negative of THB 44mn. 1 Bank of Thailand

construction. The interest rate is closed to Financial Institution’s interest rate average,the period and condition to withdraw the loan better than the Financial Institution and without of collateral. 5 10

of rice 374 253 121 47.9% Food Centre 84.6 92.9 (8.3) -8.89% Less intercompany balance (167) (119) (48) 40.3% Revenue from sales 458.8 345.8 113 32.7% ⚫ As a results of downturn in economics condition

existing agreement. The agreement has upon contract extension for the duration with the identical term and condition. The 1 year agreement will be automatically extended unless the objection from either side

in brokerage fee, fee and service income and other revenue on lower market trading volume and fluctuated market condition, Krungthai ZMICO was able to strategically control cost and improve operational

Loan : 150,000,000 Baht Interest Rate : 6 % per annum Term of Loan : 12 months Payment of Interest : Once a quarter Payment of Principal: End of the working capital loan. 2 Term Loan Condition: Mortgage

sale the idle assets, don’t take on loan from financial institution that reducing the cost of interest. 3 8) The condition with effect to right of shareholder None 9) Opinion of the Board of Directors In

: PTT Public Company Limited Relationship : Major Shareholder of the Company 1.3 Details of transaction Transaction Condition Area 35 Rai 3 Ngan 60.2 square Wa Price per unit 7,500,000 Baht Total cost

agreement between buyer and seller. The company consideres the price from nearly area and pays back at preferable price. This land sell and purchase agreement has condition that if the man who purchases