Discussion and Analysis of the Company’s Performance for the nine-month period ended September 30, 2019 Baht Million 2018 2019 +/(-) +/(-) % Total revenues 1,058.85 1,286.92 228.07 21.54% EBIT 278.86 328.20

period ended March 31, 2017 compared to that of the period ended March 31, 2016 as follow: Summary of operation result for the period ending on March 31, 2017 (1) Total income from sales, comparing with

ACSS 11,477,000 3,509,781 AIS 9,779,000 2,990,516 ASB (Cambodia) 13,080,000 3,999,995 AMF (Myanmar) 10,534,000 3,221,403 Total 300,825,000 91,995,294 * Exchange Rate (as of July 3, 2017) : 1 JPY

June 30, 2017 compared to that of the period ended June 30, 2016 as follow: Summary of operation result for the period ending on June 30, 2017 (1) Total income from sales, comparing with the last quarter

attending the meeting and having the right to vote as follows: Voting results Votes % of the total number of. Shareholders who attend the meeting and voting. Approved 555,568,839 100.00 Disapprove - 0.00

812.92 114.52 14.1% 1,737.91 1,557.90 180.01 11.6% Other income 8.03 7.16 0.87 12.2% 14.42 14.18 0.24 1.7% Total revenue 935.47 820.08 115.39 14.1% 1,752.33 1,572.08 180.25 11.5% Cost of goods sold

ended September 30, 2017 compared to that of the period ended September 30, 2016 as follow: Summary of operation result for the period ending on September 30, 2017 (1) Total income from sales, comparing

period ended September 30, 2017 compared to that of the period ended September 30, 2016 as follow: Summary of operation result for the period ending on September 30, 2017 (1) Total income from sales

(0.27) (31.19) Total Revenue 42.82 33.73 9.09 26.92 42.43 33.74 8.69 25.77 Costs of Sales (30.48) (24.50) 5.98 24.41 (29.90) (24.50) 5.40 22.07 Selling Expenses (2.86) (2.65) 0.21 7.87 (2.86) (2.65) 0.21

from Sales and Service 749.13 585.27 163.86 28.00% Total Revenue 757.67 588.79 168.88 28.68% Net Profit for the Period 150.18 95.19 54.98 57.76% Net Profit for Shareholders of the Company 121.50 80.32