Page 1 from 5 Management Discussion and Analysis Performance for Quarter 3/2020 WICE Logistics Public Company Limited Performance Unit : million baht Statement of financial position Q3/2020 Q3/2019

the increase in sales revenue, as well as the decrease in cost per unit from the increased production volume (Economy of scale). • Gross Profit margin in Q1/2024 was 66.5%, increased from 63.6% in Q1

Analysis Unit : MB 2Q19 2Q18 %YoY 1Q19 %QoQ 1H19 1H18 %YoY Net sales 272.28 262.65 3.66 238.99 13.93 511.27 524.50 -2.52 Other income 12.21 11.96 2.11 9.49 28.68 21.70 25.02 -13.25 Total revenues 284.49

in order to increase sales, in the meantime focus on control system and reduce expenses to conform actual incomes which decreased. Performance Analysis Unit : MB For the quarterly Change For the six

Consolidated Income Statement Summary Unit: THB million Q4'19 Q4'18 %YoY 2019 2018 %YoY Total revenues 6,748 6,519 3.5% 26,187 24,971 4.9% Total revenues from sales 6,621 6,333 4.6% 25,611 24,297 5.4% Beverages

measures which increased the conditions in loan provision for real estate purchases. 3.4 Sales and service income from concrete products manufacturing and others in the second quarter of 2019, has increased

service income from concrete products manufacturing and others of 2019, has increased by Baht 566.58 million or 131.56% when compare to 2018 because the Company and Advance Prefab Co., Ltd., a subsidiary

: Purchase of 132 machineries with tools (Second hand) for manufacturing such as agitators, containers, products’ quality measuring instruments, and laboratory equipment to ‘use in production and inspection of

. 3.2 Sales and service income from concrete products manufacturing and others in the third quarter of 2019, has increased when compared to the same quarter of 2018, by Baht 168.71 million or 138.97

Global Green Chemicals Public Company Limited Management Discussion and Analysis For the Operating Results of 2Q2020 P a g e | 2 - Management Discussion and Analysis 2Q2020 - CONTENTS Executive