quality. So, in this quarter The Company can make the gross profit of construction materials business 34.4 % which higher than the same period of the last year which is 32.4% From the above reason, the

VGI PUBLIC COMPANY LIMITED BUSINESS HIGHLIGHTS 2Q 2020/21 VGI overcame lowest financial performance and recorded a net profit of THB 12mn in this quarter.  Total revenue was THB 717mn, a decrease of

% from the same period last year. Essentially, the Company’s gross profit margin significantly increased from 37% in 9M18 to 42% in 9M19, representing higher gross profit margin from Residential business

DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q1/2019 4 5. RAW WATER BUSINESS (Cont.) Gross Profit of Raw Water Business in Q1/2019 was 404.27 million Baht, increased

each business can be described as follows: Profit and Loss Statement (Consolidated) Unit : Million Baht 2Q/20 1Q/21 2Q/21 %QoQ %YoY 1H20 1H21 %YoY Credit card income Loan income Hire-purchase income

trading business, which started operations from 1 October 2018. Gross profit and gross profit margin Consolidated financial statements* 2019 Separate financial statements 2018 Increase (decrease) Million

11.38 (4.24) (37.24) Net profit per share (Baht) 0.24 0.35 (0.11) Unit : THB'000 The main businesses of the Company and its subsidiaries consisted of: (1) Sale of real estate business Revenue derived from

grew continuously and was able to add a significant gross profit to the Group. For this quarter, the proportion of profit margin contributed by this business was 30.3% of total gross profit (not

margins for each business segment are shown below: Net Profit Margin (to Total Revenue) 2019 2018 Manufacturing and Selling of Special Cutting Tools Segment 5.29% 27.37% Importing and Selling of Cutting

first quarter of 2019 equal to 316.9 million Baht or represent gross profit margin at 58.0%, decreases from the same period last year. However, if consider only the debt management business the gross