THB 164m in Q1 2019 from THB 343m in Q1 2018. Net Profit decreased 45% to THB 303m in Q119 from THB 553m in Q118, due to higher costs due to increased capacity in Q119 compared to Q118 and THB

 decreased 18% to THB 409m in Q2 2019 from THB 500m in Q2 2018. Net Profit increased 98% to THB 536m in Q219 from THB 270m in Q218, due exchange gain of 103m in Q219 vs exchange loss of 236m in Q218. Quarter

 decreased 40% to THB 355m in Q1 2018 from THB 588m in Q1 2017. Net Profit decreased 32% to THB 553m in Q118 from THB 818m in Q117, due to lower operating profits due to the 10% strengthening in the THB/USD

 Profits decreased 4% to THB 517m in Q2 2018 from THB 539m in Q2 2017. Net Profit decreased 60% to THB 270m in Q218 from THB 676m in Q217, due to a foreign exchange loss of THB 236m in Q218 versus a foreign

decreased 53% to THB 381m in Q3 2019 from THB 815m in Q3 2018. Net Profit decreased 55% to THB 407m in Q319 from THB 905m in Q318, due to lower operating profits in Q319 vs Q318. Quarter Quarter % THB '000

Profits increased 191% to THB 483m in Q1 2020 from THB 166m in Q1 2019. Net Profit decreased 33% to THB 204m in Q120 from THB 303m in Q119, due to a THB281m loss incurred on our hedging positions. Quarter

business can be described as follows: Profit and Loss Statement (Consolidated) Unit : Million Baht Consolidated Separate 4Q/21 %QoQ FY20 FY21 %YoY FY20 FY21 %YoY Credit card income Loan income Hire-purchase

4,028.24 4,465.93 10.87% Selling and Administration 89.66 94.78 90.69 79.21 347.66 354.34 19.21% EBIT 189.37 123.29 74.01 124.54 626.49 511.21 -18.40% Net Profit 154.69 102.52 63.05 103.53 513.63 423.79

Translation CEN 003-2018 February 23, 2018 Subject : Management Discussion and Analysis for business operation of year 2017 To : The Manager and President The Stock Exchange of Thailand Business

1 Translation CEN 012-2019 May 14, 2019 Subject Management discussion and analysis for business operation Quarter 1-2019 To The Manager and President The Stock Exchange of Thailand For 3 months