make further decision. 2. Operating Results (Company and Subsidiaries) Total revenue of the consolidated financial statements for Q3/2019 amounted 72.6 million baht compared to Q3/2018 with total revenue

revenue of the consolidated financial statements for Q2/2019 amounted 73.8 million baht compared to Q2/2018 with total revenue of 80.0 million baht, decreased 6.2 million baht or 7.7 percent. Performance

. 2. Operating Results (Company and Subsidiaries) Consolidated revenue for Q2/2018 of 80.0 million baht compared with Q2/2017 of 96.0 million baht, decreased 16.0 million baht or 16.7 percent. The

* Note Please find further information in the consolidated financial statements. 1 21 February, 2019 Subject: Management Discussion & Analysis (MD&A) for the year 2018 Attention: The President The

% 12.3% 17.2% (10%) 10.2% 14.0% (4%) 13 Table 10: IVL Consolidated Statement of Financial Position THBm 30-Sep-19 31-Dec-18 30-Sep-19 vs 31-Dec-18 Assets Cash and current investments 10,901 5,713 91% Trade

results based on its audited consolidated financial statements ended 31 December 2018 as follows. Management’s Discussion and Analysis The following Management's Discussion and Analysis should be read in

Electronics PCL has the pleasure of submitting fiscal year 2017 operating results of the Company and its subsidiaries ("the Group") based on audited consolidated financial statements for the period ended

those returns. Therefore, the Company included the financial statements of TBSP in preparing the consolidated financial statements since April 4, 2018. Revenue Breakdown Business Overview 2Q18 and 1H18

, 2018 1. Analysis of operation results for the third quar ter of 2018 in compar ison with those for the same quar ter of 2017 (from the consolidated financial statements) Items Third quarter of 2018 Third

costs 13.36 14.48 (1.12) -7.7% Income tax expense 1.45 2.06 (0.61) -29.6% Profit for the quarter (6.96) 9.32 (16.28) -174.6% (1.8%) 2.1% Consolidated financial information (Unit : Million Baht) For three