Stock Exchange of Thailand N.D. Rubber Public Company Limited (“the Company”) would like to present the MD&A for the year 2017 as of 31 December 2017 as follows: QoQ % YoY % THB'm % Net sales 212.16

Baht: MB) (MB) % (MB) % Revenue from Sales, Service and Construction contracts 1,222.5 1,066.8 1,000.5 155.7 14.6 222.0 22.2 Revenue from Rental income from equipment for lease 27.3 27.2 40.0 0.1 0.4

897,063 (57.0%) Food and beverage revenue 639,516 959,886 (33.4%) Other revenues 276,209 348,397 (20.7%) Hotel income 1,301,172 2,205,346 (41.0%) Cost of sales and services 1,065,622 1,216,118 (12.4

158,067 235,449 (32.9%) Food and beverage revenue 172,835 219,300 (21.2%) Other revenues 66,367 77,322 (14.2%) Hotel income 397,269 532,071 (25.3%) Cost of sales and services 275,326 283,641 (2.9

operating revenue breakdown by business segment (Unit: Million Baht) Second quarter 6-month period 2020 2019 Change % 2020 2019 Change % Revenue from sales of real estate 2,233 1,992 241 12 3,859 5,045 (1,186

Three-month period ended 30 September 2019 Three-month period ended 30 September 2018 Increase (Decrease) THB mm % THB mm % THB mm % Revenue from sales 4,086.35 98.5 4,394.38 98.6 (308.03) (7.0) Revenue

% with costs of sales and services of ฿ 280.58 million, a ฿ 38.41 million or 12.04% decrease. Despite decreasing of income from sales and services, costs of sales and services have also decreased by a

significant results are as follows: Consolidated sales and service income for the second quarter 2019 was 175.9 million baht compared to 310.5 million baht the same period last year, decreased 134.6 million

increase loss of 83%. The Company would like to clarify a significance change of Group’s operation results were summarized as follows 1. Revenue from sales and services for the year 2017 decreased by 11

follows: Income and Profit Performance Q3/2019 Q3/2018 YoY 9M/2019 9M/2018 YoY Mio. Mio. % Mio. Mio. % Revenue from sales 1,651.3 2,101.1 -21.4% 5,200.6 6,875.1 -24.4% Service income from debts collections