.) Net Profit Net Profit of HSMC x Holding Percentage Net Profit of Company Cannot be calculated due to the HSMC will be set up on 15 July 2015 3.) Consideration Value or Cost x 100 Company’s Assets

discontinued operations for the year 2018 of Baht 269.24 million, the group of the Company represented a net profit of Baht 290.50 million. Compared to the same period in 2017 when the loss was Baht 2,378.35

the Company invested in both two phases of flexible packaging for the purpose of the Company, this would lead to a higher gross profit margin as flexible packaging products had higher margins than sack

Public Company Limited Management discussion and analysis /Page 5 - Gross profit from rental and rendering of services was THB 594 million, decreased by 64.6% and gross profit margin was 55.2% compared to

gross profit margin increased to 62.22% since the raw water cost decreased by 43.32 million Baht following to the reduced sales volume and also the company did not purchase raw water from private water

: Baht 2017 2016 2013 (The company started its education business) Net profit 129,641,648.10 108,936,780.25 31,614,181.83 Western U Co. , Ltd. is a licensee of a private higher education institution

increase was primarily attributable to an increase in tax on profits arising from an increase in taxable profit B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis NORMALIZED NET PROFIT

acquire the hotel business in Europe and the remaining debt acquired through the EBT of UE. Net loss of the Company during the period was THB 132mn, as opposed to a net profit of THB 27mn in 1Q 2017. The

91mn from a net loss of THB 162mn over the same period in the previous year. The net profit margin of the Company in 2Q 2018 was therefore (14.2)%, versus (21.7)% in 2Q 2017. SEGMENTAL PERFORMANCE 2Q

1 August 17, 2018 Subject: Capital Increase for Offering for Sale to Specific Investors (Private Placement), Connected Transaction, Amendments to Articles of Association/Objectives of the Company and