Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussion and analysis regarding consolidated financial performance and position of the Company and subsidiaries

financial statements of the Company from 2015 to 2017 and 9-month period of 2018. Nation Multimedia Group Public Company Limited and its subsidiaries (in thousand Baht) Revenue from sale of goods and

period of 2018. Nation Multimedia Group Public Company Limited and its subsidiaries (in thousand Baht) Revenue from sale of goods and rendering of services 2,399,514 95% 2,021,669 96% 1,809,052 96

tax expense (22.03) -3.1% (9.17) -1.1% (19.00) -2.3% 107.2% -13.8% Net profit 131.69 18.4% 121.27 14.6% 143.77 17.1% 18.6% 9.2% Non-controlling interests of the subsidiaries - 0.0% (1.09) -0.1% (1.24

-controlling interests of the subsidiaries (0.26) (0.36%) (0.06) (0.08%) (0.20) (365.56%) Revenue Total revenues from operation of SAAM Group consist of (1) revenues from provision of service and rental

14.6% 144.59 17.4% 141.64 17.3% -2.0% 16.8% 541.32 17.4% 580.81 17.4% 7.3% Non-controlling interests of the subsidiaries (1.09) -0.1% (0.83) -0.1% (0.64) -0.1% 100.0% 100.0% (1.57) -0.1% (2.29) -0.1

increased in sales revenue, at the same time the company and its subsidiaries recorded allowance for doubtful accounts totaling 126 million baht, compare to 2017 of 99 million baht, respectively due to higher

3Q2019 Revenue from sales of house and condominium units As of 30 September 2019, the Company and its subsidiaries has developed 21 residential projects for sales including single- detached houses

KCE Electronics PCL has the pleasure of reporting the operating results of the Company and its subsidiaries ("the Group") for fiscal year 2019 based on the audited consolidated financial statements for

18.4% 145.48 19.0% 1.2% 2.7% 580.81 17.4% 583.21 18.5% 0.4% Non-controlling interests of the subsidiaries (0.64) -0.1% (0.05) 0.0% (0.21) 0.0% 100.0% 100.0% (2.29) -0.1% (1.02) 0.0% 100.0% Net profit