S&P MD&A 2017-Revised Year In Comparison Table -1- Ref. POL. 028/2018 February 23, 2018 Re: Clarification of the Performance of S & P Syndicate Public Company Limited Dear The President The Stock

.  On 3 April 2017, the Annual General Meeting of the Company’s shareholders passed resolution approved a decrease in the Company’s registered capital from Baht 664,892,534 to Baht 474,917,334 by

of the company’ s income, increase of cost and administrative expenses as mentioned above. Summary of the financial status as ended 31 December 2018 Total Assets As ended December 31, 2018, the total

provision of consultation services related to solar power business, which is occasional and not related to the Company’s core business. Cost of sales and services Cost of sales and services consists of cost

. Such dropped was from more used in raw materials in this period which was in accordance to the higher demand in the Company’s products. As of March 31, 2019, the Company and its subsidiary had an

is significant due to its investment objective which informed to shareholders in the Company’s filing and according to Good Corporate Governance. Therefore, the Company has to propose to the

in May. As of the second quarter of 2019, the Company operated 83 HomePro stores, 8 HomePro S stores, 12 Mega Home stores and 6 HomePro stores in Malaysia. บริษัท โฮม โปรดักส์ เซ็นเตอร์ จ ากัด (มหาชน

related to solar power business, which is occasional and not related to the Company’s core business. Cost of sales and services Cost of sales and services consists of cost of sales from renewable energy

million in the second quarter of 2018. A summary of the Company’s operating performance in the second quarter of 2019 and 2018 is shown in the following table: 2Q19 1Q19 % Change 2Q18 % Change [Amount in

3,493.43 100.00% 3,395.53 100.00% 97.90 2.88% As of June 30, 2019, the Company’s total assets was Baht 3,493.43 million, increased by Baht 97.90 million from as of December 31, 2019 from the significant