% Corporate Tax 22.13 17.10 29% 78.73 48.63 62% Net profit 89.61 75.08 19% 314.68 188.12 67% % Net profit margin 19% 17% 2% 22% 16% 6% Non-controlling interest 0.17 0.19 -8% 0.53 3.47 -85% Net profit

three-month period ended 31 March 2020 which has been reviewed by the Auditor. The overall of the Company’s performance can be summarised as follows: (Unit : Thousand Baht ) Performance (Income Statement

2019 (COVID-19) has caused a widespread economic slowdown which affects many businesses and industries, especially events. Therefore, revenues from the Company’ s major businesses were affected. Income

the approval of the Company’ s Board of Directors on March 27, 2020. P a g e | 18 - Management Discussion and Analysis 2Q2020 - Statement of Cash Flows Exhibit 10 : Consolidated Cash Flows Statement for

9.1 % 193.4 7.5 % (0.3 %) Corporate Income Tax (18.6) (0.9 %) (14.7) (0.6 %) 26.9 % Net Profit : Owners of the Parent 174.6 8.2 % 179.7 7.0 % (2.9 %) 2nd Quarter (April - June) January - June Revenue

when their countries open their territories, the Company could ship the order. Selling and Administrative Expenses For the three-month period ended 30 June 2020 and 2019, the Company’s selling and

Company’s revenue has decreased a lot but for Q1/2020, the Company had a loss of only 2.41 Million Baht, less than Q1/2019 of 2.61 Million Baht and less than Q4/2019 of 9.67 Million Baht. http

, when the Company’s production dropped in the first half of the 2019, HM has more free production capacity to support external customers. In second half of 2019, HM received more orders from the products

registered Baht 31,620.24 Million at the end of Q2 2020, an increase of Baht 3,791.21 Million from the end of 2019. Net-Debt-to-Equity ratio according to the Company’s consolidated financial statement as of

progress of the Company’s residential projects Project Operated By Project Value (MB) Total Units Sales Progress Cumulative Transferred Value (MB) Start of Transfer in Year No. of Sold Units Million Baht