+ (-) % Total revenue 33,884.00 20,164.00 68.04 Revenue from Sale 33,221.00 19,039.00 74.49 Cost of sales 20,924.00 12,360.00 69.29 GROSS PROFIT 12,297.00 6,679.00 84.11 Selling and Administrative Expenses

follow; unit: million baht Items 3-month periods ended 31 March Changes 2018 2019 Amount % Amount % Amount % Revenue from sales of goods 82.42 100.00 113.01 100.00 30.59 37.11 Cost of sales of goods 65.35

August 7, 2019 Re : Management Discussion and Analysis for Q2/2019 To : Director and Manager of the Stock Exchange of Thailand Revenue from sales and rendering of services L&E’s consolidated revenue

) Revenue Total revenues from operation of SAAM Group consist of (1) revenues from provision of service and rental including the procurement of project site location and rendering of related services to

+ (-) % Total revenue 53,712.00 27,095.00 98.24 Revenue from Sale 53,152.00 25,997.00 104.45 Cost of sales 33,247.00 16,594.00 100.36 GROSS PROFIT 19,905.00 9,403.00 111.69 Selling and Administrative Expenses

2019 30th June 2018 30th June 2019 30th June 2018 million baht % million baht % million baht % million baht % Revenue from sale of real estate 246.79 97.43 993.98 99.54 246.79 94.26 993.98 99.19 (747.19

/2019, the Company and its subsidiaries recorded total sales of Baht 1,240 million, a decrease of 7% YoY, occurred from a decline in domestic branded sales at 12% YoY while export branded sales continued

esthetics. 2. Overview of operating results in the Quarter 2’2019. Continued from the first Quarter of 2019 until second Quarter, the world economic still be tense from political crisis in many country and

same period of last year which have net loss of 49.85 million baht, a decreasing in loss of 5.56 million baht or 11.15 percent compared to last year resulting from the following reasons: 1. Sales and

Q1’ 2018, which is increased by Baht 407 million or 26% compared to the total revenues of Baht 1,570 million for Q1’ 2017. The increase results from higher revenues from telecommunication business and