through other comprehensive income (“FVOCI”) and reserve within equity. TFRS 16: Lease (replacing TAS17: Operating lease and Finance lease) As of 1 January 2020, operating leases were recognized as ‘right

Baht. In 2016, Reversal of the judgment lawsuit Rattana Nakorn Engineering Co.,Ltd 12 Million and 2 subsidiaries provision increase by 1.13 Million Baht. 4. Finance cost 11.18 Million Baht decrease from

3.7% EBITDA Margin 62.1% 61.6% Finance cost 34.9 39.1 (4.2) (10.7%) Income tax expenses 87.8 83.2 4.6 5.5% Profit for the year 345.5 327.1 18.4 5.6% Net Profit to Equity holders of the Company 322.6

) Administrative Expenses (25.4) (8.4) 17.0 (66.8) Finance Costs (146.0) (93.7) 52.3 (35.9) Share of Profit from Investments in Associates and Joint Ventures 250.8 659.2 408.5 162.9 Income Tax (Expense) Income 17.9

fixed interest rate from 2. 05 to 3. 01 percent per annum to reduce finance cost and risk management from floating interest rate. As a result, the Company has saved interest expense approximately by Baht

9.71% Other income 11.34 17.34 6.00 52.92% Selling expenses 191.18 182.01 -9.17 -4.80% Administrative expenses 386.17 457.10 70.92 18.37% Finance costs 20.71 25.95 5.24 25.33% Profit before income tax

17.6% Cost of sales - 684.8 - 747.8 8.4% Selling expenses - 19.6 - 20.1 2.3% Administrative expenses - 36.1 - 44.0 17.9% Finance costs - 12.2 - 7.9 -54.3% Profit for the period 35.3 42.6 -17.2% Net

% Finance cost 102 2% 128 2% (26) (20%) Income tax expenses 95 1% 134 2% (39) (29%) Selling expenses Selling expenses for 2019 and the selling expenses to revenue from main business were not significant

2,347.2 -2.2% Administrative expenses 242.7 307.7 293.4 +20.9% -4.6% 1,145.0 1,195.8 +4.4% Finance costs 41.4 50.5 45.5 +9.9% -9.9% 169.6 184.0 +8.5% Other expenses (reversal) (43.0) - - - - 166.5

Finance Costs The Group has selling expenses, administrative expenses, other expenses and finance costs for the three-month period, totally at THB 16.1 million, closed to the same period of prior year and