the year ended 31 December 2018 and 2017 are as follows; Unit: THB million Y2018 Y2017 % Change 1. Revenue from sales and contract work 14.9 21.4 -30.5% 1.1 Turnkey Total Solutions 14.9 21.4 -30.5% 2

Attention: Directors and Manager, The Stock Exchange of Thailand N.D. Rubber Public Company Limited (“the Company”) would like to present the MD&A for the Three Month period ended 31 December 2018 (4th

Public Company Limited Management Discussion and Analysis Operating Results for the period year ended 31 December 2018 Page 2 of 4 T.K.S. TECHNOLOGIES \ THB million Y18 Y17 %Chg As Reported (% to Sales

(Revised 1) Attention: Directors and Manager, The Stock Exchange of Thailand N.D. Rubber Public Company Limited (“the Company”) would like to present the MD&A for the Three Month period ended 31 December

to clarify the company and the subsidiaries operating results for the year ending, December 31, 2018 as follows: Profit and Loss of the year ended 2018 Unit: Million Baht Profit and Loss Statement

sales declined by 9.7% due to intense marketing competition led by strong Thai Baht. Domestic sales portion ended up at 24.9% and export sales at 75.1%. The Company reported gain from foreign exchange

Q3/2019 Baht 6.21 million Revaluation surplus on land increase by Baht 479.52 million Cash Flow Statement Cash Flow Statement for the nine months period ended 30 September 2019, the company has cash

Quarter 3’ 2019 3 / 8 3. Analysis of Operating Results Statements of Comprehensive Income – Consolidated (Million Baht) For J-month period ended September JK, Increase (Decrease) % For 9-month period ended

consolidated financial statements of the Company and its subsidiaries for the year ended 31st December 2019. In 2019, the Company achieved consolidated profits (attributable to equity holders of the parent) of

other income. Net profit margin was at 4.2% . Revenues The structure of revenues for the year ended 31 December 2019 and 2018 are as follows; Unit: THB million Y2019 Y2018 % Change 1. Revenue from sales