clarifies the performance as follows: During the first quarter of 2020, the Company had the total revenue and share of profit and net profit of THB 1,277.8 mm and THB 99.3 mm, respectively. If excluding FX

2020 = THB 84mn o October 2020 – December 2024 = THB 175 per quarter Revenue sharing: 85 – 90% of total revenue to MACO MANAGEMENT DISCUSSION & ANALYSIS 2Q 2020/21 ENDED 30 SEPTEMBER 2020 09 NOV 2020

-September) 2018 2019 THB Mn % (1) THB Mn % (1) Revenue from Sales and Service 736.1 97.2% 759.5 95.7% Franchise Fees Income 15.2 2.0% 22.0 2.8% Other Income 5.7 0.8% 11.7 1.5% Total Revenue 757.0 100.0% 793.2

/2021 was THB 105 million, decreased by THB 32 million or 23% from Q1/2020 corresponding to the drop in total sales. • Gross profit margin in Q1/2021 were 58.7%, dropped by 3.9% from Q1/2020 due to the

(33.46) -39.32% Income tax expense (3.53) (1.65) 1.87 -53.13% (10.81) (7.47) 3.34 -30.91% Profit for the period 23.21 9.29 (13.92) -59.97% 74.27 44.16 (30.11) -40.55% Total comprehensive income for the

performance of the Group Unit: Million Baht 2018 2017 Increase (decrease) Variance (%) Total revenues 8,080 7,165 915 13% Net profit 526 272 254 93% The Group has total revenues of Baht 8,080 million for 2018

second quarter of year 2017 compared to the same period of prior year and the prior period are as follows; For the three-month period, the Group reported total revenues (excluded other revenues) at THB

the consolidated financial statements for Q2/2017, the total revenue of Golden Lime and its subsidiary was THB 233.17 million, an increase of THB 34.33 million (17.26 %). The net profit was THB 23.17

sales 250.70 266.68 (5.99) 256.13 (2.12) 506.83 525.79 (3.61) Other income 12.75 8.53 49.47 10.57 20.62 23.32 16.84 38.48 Total revenues 263.45 275.21 (4.27) 266.70 (1.22) 530.16 542.63 (2.30) Cost of

to approve the acquisition of 80,000 ordinary shares of Universal Worldwide Transportation Limited (“UWT”), with a par value of 10 Hong Kong Dollar, which equal to 80% of total ordinary shares of UWT