-Translation- 1 -Translation- Ref. NCH 033/2018 May 14, 2018 Subject : Management’s Discussion and Analysis 1Q/2018 Attention : President The Stock Exchange of Thailand N.C. Housing Plc. (“the

decreased 18% coming from construction materials business cause of property segment starting slowdown and also affected by COVID-19 pandemic impact to the new housing project slowdown or delay while

depreciation, rent, repair and maintenance, insurance premium, housing and land tax, water fee, electrical fee, telephone fee, material https://publish.sec.or.th/nrs/3890pe.doc แบบแสดงรายการข้อมูลการเสนอขายหลัก

บริษัทจดทะเบียน Symbol Company Filing FinancialStatement Annual Registration Statement (Form 56-1) Annual Report (Form 56-2) Ranking NCH N. C. HOUSING PUBLIC COMPANY LIMITED Filing FinancialStatement 56-1

was due to a decrease in revenue from housing projects by Baht 1,296 million or 46% decrease compared to the same period of 2018. Meanwhile, revenue from condominium projects increased by Baht 274

administrative expenses or decrease 30.29% as a result of provision set aside for utility repair works in order to hand over to housing juristic person in 2018 but there was no such provision to set aside in 2019

, the Company’s administrative expenses increased in an amount of 334.94 million baht as a result of provision set aside for utility repair works in order to hand over to housing juristic person and for

housing projects by Baht 1,057 million or 41% and a decrease in revenue from condominium projects by Baht 370 million or 74% decrease compared to the same period of 2019. In particular, the COVID-19

accommodation services will increase significantly and will be the important driving for revenue from sale and service as increased to continually Filter Vision Public Company Limited (Hereinafter called “ The

the previous year mainly due to costs related to development of renewable energy projects overseas of THB 0.75 million including translation, accommodation and traveling expenses. - Cost of sales Cost