Q3/17 Q4/17 Q1/18 Q2/18 Q3/18 Sales Revenue Net Profit Unit: Million Baht Page 2 3. Results of Operations and Profitability Consolidated (Unit: Million Baht) Q3/2018 Q3/2017 %YoY 9M/2018 9M/2017 %YoY

and its subsidiaries (Hereinafter called “ The Group” ) would like to submit Management’s discussion and analysis for the Quarter 3’ 2018 with the summary as follows: - 1. Nature of operations of the

and is based on the same accounting principle as in FY18. Please see note 2 for more detail on TFRS 15. Market and Competitive Environment Following the softened mobile growth last quarter, operators

party products. Note: 1/ Energy Drinks and Sport Drinks 2/ Drinking Water, 3-in-1 Coffee and RTD Coffee Sales of branded products by own manufacture were THB 3,371 million, up by THB 176 million or 5.5

support operations within the business group. 2. Other Income The Company and its subsidiaries had revenue from Other Income in the 3rd quarter of 2019 and the 3rd quarter of 2018 of 14.21 million Baht and

priority, as well as the continuity of business operations. The whole supply chain has been reviewed to ensure no disruption or supply shortage. Alternative sources for key materials were identified, the

since April 2020 of its hotel operations in Thailand, Maldives, Fiji and Mauritius and some hotels in United Kingdom. In accordance with the government’s request to facilitate the government officers who

decreased by 112.5 percent, contrary to income tax expenses by -6.58 million in the same period of previous year. This was mainly due to loss from operations in current three months. 1.9 Profit Sharing for

1 Note: 1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 1. ANALYSIS OF FINANCIAL PERFORMANCE For

1 Note: 1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 1. ANALYSIS OF FINANCIAL PERFORMANCE In