8.55 percent to 5.38 percent. Net Profit At the second quarter of Year 2019, the Company and subsidiaries net profit from operations pursuant to the Consolidated Financial Statement in the amount of THB

Company and subsidiaries earned net profit from operations and pursuant to the Consolidated Financial Statements in the amount of THB 228. 50 million decreased from the same period of the previous year by

Reporting Standards No. 16 “Leases” (“TFRS 16”) . Net Profit In 1Q 2020, the Company and subsidiaries had net loss from operations and pursuant to the Consolidated Financial Statement in the amount of THB

95.0 22.3 Total Expenses 11,482.6 69.0 9,621.5 68.1 (1,861.2) (16.2) Profit before share of loss from investments in joint ventures, finance cost and income tax expenses 5,155.2 31.0 4,500.7 31.9 (654.5

31, 2020 as follows: The Company reported net loss for the first quarter 2020 of Baht 7.49 million, comparing with the same period last year which had net profit of Baht 0.98 million, decreasing by

losses as financial assets. The Company will measure fair value of all derivatives and recognised in profit and loss statement, while the credit losses is to consider as impairment of trade receivables

to the increase in annualized projected annual net profit of 11.82 percent and there was a decrease in total assets of 8 percent from the previous year. - 7 - (2.5) Financial Position Description

% Finance cost 35.09 41.36 6.27 17.87% Income tax expenses 37.04 42.24 5.20 14.04% Net profit 139.02 150.12 11.10 7.98% Net profit ratio (ROS) 19.92% 17.25% Earnings per share (Baht) 0.26 0.28 0.02 6.92

Discussion and Analysis Quarter 3 Ended 30 Sep 2017 To The President of the Stock Exchange of Thailand Management’s Discussion and Analysis Consolidated Financial Results for the three-month and the nine-month

Management Discussion and Analysis For the Financial Result of Quarter 1 Year 2019 Ended March 31, 2019 Note: This Management Discussion and Analysis (MD&A) was made to disclose information and the