amounted to Bt1,050.6 million, increasing by Bt80.0 million or 8.2%(y-o-y), representing Bt1.65 earnings per share with the Net Profit margin of 29.2%. Thus approximately 87% of the Net profit was derived

Company in 2018 was amounted to Bt1,050.6 million, increasing by Bt80. 0 million or 8. 2%(y-o- y) , representing Bt1. 65 earnings per share with the Net Profit margin of 29. 2%. Thus approximately 87% of

profit margin of 35.7% and the earnings per share of Bt0.55. Page 2 of 6 Table summarized the operating results of the Group (unit : Bt million) 1.1 Revenue In Q1/2019, total revenues of the Group were

the gross profit margin through the selection and development of quality products to better meet the needs of customers. For the subsidiaries, Mega Home business has a rising trend of sales, while the

1 | MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR 2020 Management Discussion and Analysis for the Year 2020 1 March 2021 In the 3-month period of Q4-2020, UWC reported gross margin of THB 28.04

the growth of revenue from expansion of business of the company and its subsidiaries. The Gross profit margin for the first quarter of 2018 was closed to the gross profit margin of the first quarter of

115.04 -4.98 329.68 299.29 10.15 Selling expenses 50.13 48.46 3.44 57.80 -13.27 157.01 137.38 14.29 Administrative expenses 59.19 55.13 7.37 57.25 3.40 172.67 161.91 6.65 Earnings before interest and taxes

margin and other income. The operating results of the consolidated financial statement for the 9-month period ended September 30, 2018, resulted in increase in net profit of Baht 70.99 million or 98.52

net profit margin increased from 27% in the second quarter of 2019 to 35% in the second quarter of 2020 because its sales of electricity increased as it recognized RH’s and AVA’s sales of electricity in

year or increased by THB 32 million. The Company’s net profit margin increased from 19% in the third quarter of 2019 to 29% in the third quarter of 2020 because its sales of electricity increased as it