TRANSLATED VERSION Codified up to No. 2 As of June 12, 2015 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. 2 13

TRANSLATED VERSION Codified up to No. 2 As of June 12, 2015 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference

in higher costs and lower gross profit. In 2019, the Company ceased the faucet and plumbing business on 1 November 2019 and sold all faucet and plumbing products, resulting the reversal of the reversal

JAS on 9 Augu ance for the mpany’s aud mpany’s pe hich was low margin stood howed a net which resu ny’s lower n es and finan and Service and service than the sec onth period at 81.11 m from The Ja

staff at the present time and in the future. The price of such land to be purchased is lower than the market price as appraised by an independent appraiser, namely, Fanix Appraisal Company Limited (an

lower than the second quarter of 2018 at 11.7 percent. For total revenues for the second quarter in 2019 was 167.8 million Baht a decline by 0.8% from the same period last year. This was because reducing

% to 44.6%. Although the gross profit margin from Jubilee 90th Anniversary Thank You Sale event is lower than normal sale, which effect to the margin of 2nd quarter is lower than prior quarter. However

compared to the same quarter of last year. The main reasons was an increase in a reclassification of fixed costs at the new factory which incurred as a result of lower-than-normal production capacity and

volume. 3. Thai Baht was strong in first half year which led to lower of margin of export when translate to Thai Baht. However in year 2016, the Company expanded to the water management business which has

(including Depreciation and Amortization) of THB 96.62 million or decrease 19.56 percent. from THB 120.10 million compared to the same period of the previous year Most of them were the result of lower product