of previous year by Baht 12 million or more than 100% due to allowance for doubtful accounts and allowance for devaluation of goods. 2. Financial Analysis (Unit: Million Baht) Items 31 December 2020 31

OPERATION (Unit : Million Baht) Consolidated Financial Statements 2019 2018 % Change Total Revenue 1,857.2 1,708.3 8.7% - Utilities Business 1,847.1 1,705.1 8.3% - Operating Revenue1 1,734.3 1,679.7 3.3

Overall Operating Results for the Company and its subsidiary 1.1 Analysis of Operating Results for the Company and its subsidiary Table 1: Overall operating results for the year 2019 (Unit: Thousand Baht

baht. Compared to Q1/2019, net profit increased by 18.73 million baht or 75.8%. The Company would like to clarify as follows : Unit : Thousand Baht Q1/2020 Q1/2019 Q1/2020 compare with Q1/2019

associated company recognized unrealized foreign exchange loss of Baht 122.16 million, with details as follows: : - Summary of the company's and subsidiaries’ performance are as follows Unit : Million Baht

allowances of the Nomination and Remuneration Committee determined on a per occasion) to be in line with the increased number of directors as detailed below: Position Remuneration Unit 2020 (Proposed) 2019

of Financial Position (Unit : Million Baht) STATEMENT OF FINANCIAL POSITION 1Q 2018 1Q 2017 increase(decrease) Consolidate financial statement TOTAL ASSET 1,209.99 1,214.62 (4.6 ) (0.38%) TOTOL

Company”) would like to submit our management’s discussion and analysis for the third quarter of 2019 ended September 30, 2019, as follows: (Unit : Million Baht) Jan – Sep Jan – Sep Increased/ (Decreased

as follows:- Unit : Million Baht 2019 2018 Net securities business income 299.82 361.99 Operating expenses (271.61) (335.76) Corporate income tax – expenses (5.54) (5.81) Operating income 22.67 20.42

/2019 ended September 30, 2019 of the Company and its subsidiaries as shown below: (Unit: Thousand Baht) Revenue Gross profit Selling Admin Net profit Q3/18 249,407 89,092 21,509 18,502 32,736 Q3/19