) Construction income 253.82 190.56 63.26 33.20 Service income 15.64 4.95 10.69 215.96 Other income 10.96 5.43 5.53 101.84 Total Revenues 280.42 200.94 79.48 39.55 Cost of constuction 302.56 193.83 108.73 56.10

from construction contracts 563.67 540.31 23.36 4.32 1,175.49 954.66 220.83 23.13 - EPC Service 6.81 169.66 (162.85) (95.99) 31.94 210.88 (178.94) (84.85) - Structure Mechanic and Pinging (SMP and E&I

.) % Construction income 41.52 44.36 -2.84 -6.40 Service income 0.00 5.94 -5.94 -100.00 Other income 0.34 0.81 -0.47 -58.02 Total Revenues 41.86 51.11 -9.25 -18.10 Cost of constuction 40.20 33.88 6.32 18.65 Cost of

Management Discussion and Analysis for Interim Business Operations 2019 % 2018 % Inc./(Dec.) % Construction Income 150.24 92.91 21.63 87.82 128.61 594.59 Service Income 9.70 6.00 0.41 1.66 9.29

“Company”) would like to inform that according to the resolution of the Board of Directors meeting No.1/2019 held on 21 January 2019 approved the construction investment of new shopping center (the “Project

.Revenues 1.1 Sales of Construction Supply 860.99 933.38 1,044.70 1.2 Revenue from Real Estate Business 71.12 79.60 107.50 1.3 Total Revenues 932.11 1,012.98 1,152.20 2.Gross Profit ( % of Revenues) 2.1 Sales

large area. (Which is under construction and design) to become a tourist center. There will be land and utilities development by allocating the project area into Develop land for sale, construction of

Limited (“SUTG”), in equivalent to 66 percent of SUTG’s issued and paid-up shares. SUTG is engaging in the business of a construction contractor, provision of service regarding the operation and maintenance

Changed (%) 30 Sep 19 30 Sep 18 Changed (%) Revenues from construction contracts 496.14 344.87 151.27 43.86 1,450.80 1,060,09 390.71 36.86 - EPC Services 104.92 110.21 (5.29) (4.80) 315.80 525.70 (209.90

herewith explanation and analysis of the Management as follows. 1. Income, gross profit, net profit Unit : Million Baht 1. Income 2018 2017 2016 Increase (decrease) 2018-2017 1.1 Construction material 233.01