Subsidiaries’ Financial Statement as of March 31, 2019 MDX Public Company Limited (“MDX”) would like to explain major factors that affect Q1/2019 consolidated operating results as follows: ▪ A decreasing cost of

costs of sales and services was ฿ 457.41 million, ฿ 21.55 million decreasing or 4.50 %. It is noticeable that the revenue from sales and services of the company has been decreasing as well as the cost of

market competition on restaurant business and result of decreasing in number of branchs. 2. The Company’s cost of goods sold in the year of 2019 was Baht 654.40 million, decreased by Baht 59.48 million, or

continuously improved, mainly due to a growing number of exporting goods by 10.9 percent. This expansion was said to be at the highest rate in 4 years. The private consumption has also increased with declining

continued declining due to intense competition in Thailand reflecting falling in revenue from fish feed which dropped by 23.69% comparing to 2017 from lower sales volume of fish feed. Furthermore, revenue

segment continued declining in 2017 due to intense competition of both animal feed and aquatic feed business in Thailand. Moreover, swine business was declined because of recession in swine price in past 2

or 17% from the first 6 months of 2019 mainly due to decreasing of CPKO stock in international market, caused by lower palm production from drought effect. The contraction in market demand in 1H2020

declining of scheduled revenue was mainly from the lower average fare of international flights which dropped by 8.0 percent and lower passenger growth of domestic flights which dropped by 2.7 percent from the

%, mainly due to decreasing of advertising and promotion expenses by Baht 7.83 million because in this year, the Company focuses on internal marketing by creating customer satisfaction. Administrative

which decreased from as at December 31, 2017 by Baht 18.76 million or equivalent to 4.44%, mainly due to decreasing in property, plant and equipment by Baht 4.38 million because in the previous year the