Exchange of Thailand East Coast Furnitech Public Company Limited (“the Company”) would like to report on Management Discussion and Analysis from the Separate and Consolidated Financial Statements of the 3rd

proportion than selling price increase is the main reason why net profit decrease. Graphite Electrode’s price which is a part of conversion cost increase significantly. Separate financial statement, the

significantly, and net loss from exchange rate. Separate financial statement, the Company posted net loss Baht 1,056 million comparing with previous quarter which has net profit Baht 119 million. Total revenue

increase however raw material cost and cash conversion cost also high, therefore, result in net loss. Separate financial statement, the Company has net loss Baht 192 million, decreased in net loss comparing

aforementioned electricity fee since December 2011. According to Separate Financial Statements of the Company as at 30 September 2017, the Company has total liabilities of THB 17,622 million, which can be

follows: Baht’000 Consolidated F/S ∆% Separate F/S ∆% 2019 2018 2019 2018 Revenues from Sales and Services 1,921,477 2,060,114 -7% 1,518,926 1,640,996 -7% Other income 72,604 338,396 -79% 52,158 25,568 104

received from financing activities VGI PUBLIC COMPANY LIMITED FINANCIAL RATIOS Profitability Ratios 1Q 2019/20 (Restated) 1Q 2020/21 Liquidity Ratios 31 MAR 2020 30 JUN 2020 Efficiency Ratios Leverage Ratios

MAR 2020 Efficiency Ratios Leverage Ratios MANAGEMENT OUTLOOK

financing activities VGI PUBLIC COMPANY LIMITED FINANCIAL RATIOS Profitability Ratios 2Q 2019/20 (Restated) 2Q 2020/21 Liquidity Ratios 31 MAR 2020 30 SEP 2020 Efficiency Ratios Leverage Ratios   MANAGEMENT

อัตราส่วนดังต่อไปนี้ 1) อัตราส่วนความสามารถในการทำกำไร (Profitability Ratio) 2) อัตราส่วนในการวัดภาระหนี้สิน (Leverage Ratio) 3) อัตราส่วนสภาพคล่อง (Liquidity Ratio) 7. สำเนาเอกสารอื่น ๆ ที่เป็นประโยชน์ในการ