4 The objective of this termination of the leasehold rights transaction was to reduce the cost of the Company incurred from the recognition of project cost since it entered into such lease agreement

Public Company Limited entered into the MRT Blue Line Concession Agreement with the Mass Rapid Transit Authority of Thailand (the “MRTA”) on March 31, 2017 for the concession period of 33 years. The MRT

of cost of goods sold so cause gross loss. Total revenue decreased due to the decrease of sale volume and selling price. Sale volume decrease cause by production volume decrease. Both company and

.  Net profit in Q3/2017 was Baht 78 million, a decrease of 52% YoY due to 1) higher cost per unit resulted from lower capacity utilization YoY; and 2) higher depreciation resulted from additional

.) % Construction income 229.11 365.23 -136.12 -37.27 Service income 22.16 40.66 -18.50 -45.50 Sale of goods 1.05 0.00 1.05 Other income 2.43 8.84 -6.41 -72.51 Total Revenues 254.75 414.73 -159.98 -38.57 Cost of

.) % Construction income 21.63 82.38 -60.75 -73.74 Service income 0.41 8.16 -7.75 -94.98 Sale of goods 0.00 1.05 -1.05 Other income 2.59 0.72 1.87 259.72 Total Revenues 24.63 92.31 -67.68 -73.32 Cost of constuction

of many projects although the Company has already been hired. The Company’s subsidiaries have increased work deliveries compared to the same period of previous year. (2) Cost of sales In the second

many projects although the Company has already been hired. (2) Cost of sales In the third quarter of 2020, the Company and its subsidiaries had total cost of sales at the amount of Baht 356 million

company has changed the classification of operating income and cost of sales resu lting in the operating income until the gross profit being reported differently from the previous periods Operating

decreased by Baht 47 million or 12% decrease compared to the same period of 2018. This was mainly due to a decrease in revenue from Q House Convent Building since its lease agreement was ended in May 2019. 4