that uses our 22” Disc plough, consequently resulted to less sales in the product Disc plough in this quarter. However, for the six month-period ended June 30, 2019 the Company and its subsidiary still

Tripple Lift Serum and Prettii Face Serum. Marketing communication was conducted nationwide for these new products. Additionally, marketing efforts were put continuously in the Philippines. Consequently

(Thailand) Co., Ltd. back to the Company, and others accordingly. The Company has planed to generate more fee base incomes in the future. Expenses The Company’s expenses mainly consist of operating and

in the country in April. This significantly limited distribution channels for the Company’s customers and they delayed their purchase orders of the Company’s products. Consequently, domestic sales fell

Company had to invest more in its content to support the business growth, the amortization of rights had increased and accordingly, its cost of program rights increased compared to the same period of 2017

nationwide for these new products. Additionally, marketing efforts were put continuously in the Philippines. Consequently, sales expenses to sales revenue ratio escalated moderately from 37.80% to 54.87% as

Interest Bearing Debt to Equity ratio was 0.93 times and 0.35 times, consequently, which is low risk on financial leverage. Please be informed accordingly, Yours sincerely, (Ms. Nita Treeweeranuwat) Vice

COVID-19 situation. However, The Group is still able to drive high presale, due to marketing strategies and Everyone Can Sell Campaign, for quarter 2/2020 presales is 6,578.2 million baht. Consequently

cost control. Consequently, sales expenses to sales revenue ratio dropped from 48.01% to 42.26% as the Company held up the sales, sale promotion, and marketing expenses. Table 6: Sales Expenses by Type

Financial Statements for the Second quarter ended June 30,2020. Please find enclosed the Management Discussion and Analysis Please be informed accordingly. Yours sincerely -Signed - Miss.Pakatip Lopandhsri