E_1 Legal_FA_2015_12_29-c A WCorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2018 In 2018, the overall Thai economy maintained its growth due

falling interest expenses. Meanwhile, non-interest income decreased Baht 1,030 million or 1.62 percent, due mainly to a decline in net insurance premiums. At the same time, operating expenses rose Baht

increased 63.10 percent due to higher gain from exchange rate. 1.2 Cost of goods sold and expenses Consolidated (Thousands Baht) Year Change 4th Quarter Change 2018 2017 Amount % 2018 2017 Amount % Cost of

2nd quarter on 2018 decreased 23.34 percent due to loss from exchange rate. . Cost of goods sold and expenses (Thousands Baht) Six-month Change 2nd Quarter Change 2561 2560 Amount % 2561 2560 Amount

-month (Thousands Baht) Change Amount % Revenue from sales , , , .% Other income , , , .% Total Revenue , , , .% Company revenue slightly increased 1.89 percent from the same period of last year, due to

1.1 Revenues (Thousands Baht) Nine-months Change 3rd Quarter Change 2561 2560 Amount % 2561 2560 Amount % Revenue from sales 1,168,546 1,128,641 39,905 3.54% 427,881 386,117 41,764 10.82% Other income

Consolidated financial statements (Thousands Baht) Six-month Change 2nd Quarter Change 2020 2019 Amount % 2020 2019 Amount % Revenue from sales 1,165,249 1,068,077 97,172 9.10% 538,525 512,616 25,909 5.05% Other

results with the same period of the prior year, the group’ s profits increased Baht 7.01 million, or 40.54% due to the following reasons: Operating revenue increased Baht 55.18 million or increased 15.70

) 1st Quarter Change Amount % Revenue from sales 367,923 327,683 40,240 12.28% Other income 9,145 2,646 6,499 245.62% Total Revenue 377,068 330,329 46,739 14.15% Company total revenue of 1st quarter on

. Revenues (Thousands Baht) Year Change 4th Quarter Change Amount % Amount % Revenue from sales 1,566,147 1,477,687 88,461 5.99% 437,506 371,485 66,021 17.77% Other income 19,457 14,472 4,985 34.45% 6,968