cost 7.06 7.63 -0.57 -7.47 185.52 314.26 -128.74 -40.96 Share of gain/loss from investments in associate 0.00 -0.49 0.49 -100.00 Loss Before Income Tax -20.29 -38.96 18.67 -47.91 Income tax expense -0.05

-8.68% Gross Profit 396 533 -137 -25.72% Gross Profit Margin (%) 9.34% 11.24% -1.90% SG&A Expenses 310 300 10 3.48% EBIT before share of profit (loss) from Investment in Associates and Joint Venture 275

the parent) of Baht 258 million and earnings per share of Baht 0.13 for 1Q2018, an increase of 14% when compared to consolidated profits (attributable to equity holders of the parent) of Baht 226

profit margin Selling, general and administrative expenses (“SG&A”) share of loss from investments in joint ventures and associates net profit VGI PUBLIC COMPANY LIMITED FINANCIAL POSITION   ASSETS

://market.sec.or.th/public/idisc/Download?FILEID=dat/news/201808/18075120.pdf Microsoft Word - MD&A Q32018 - ENG.doc (%) 8.7 4.7 EBITDAR Margin (%) 18.9 17.6 Net profit Margin (%) 3.2 (0.5) Return on Equity (%) 3.0

amount. For the quarter, the market volume of energy drink industry in Thailand contracted by 13.4% while Carabao Dang energy drink remained the 2nd largest brand, commanding 21.4% volume share

139 million or 25.89% up from 2Q2016. The consolidated gross profit margin contributed of 16.32% in 2Q2017, increased from 13.83% in 2Q2016 predominantly from cost advantage from lower major feed

due primarily to its market share increase in Malaysia, Vietnam and Cambodia, notwithstanding the products delivery postponement from some project delays in Myanmar and Vietnam to early 2019. Profit for

performance Unit: Million Baht 2017 2016 Sales 2,055.79 1,576.09 Cost of Sales 1,844.15 1,479.34 Gross Margin 211.64 96.75 Gain (loss) on exchange rates 21.92 5.17 Other Incomes 19.91 19.09 Total Revenues

Third Quarter result Million Baht 2019 2018 Sales 1,684.72 2,020.38 Cost of Sales 1,586.08 1,935.80 Gross Margin 98.64 84.58 Gain (loss) on exchange rates 21.83 42.47 Other Incomes 4.97 9.30 Total