73 1 / 5 (Translation) Pef. MD 033/2020 14th August 2020. Subj Management Discussion and Analysis (MD&A) Q2/2020 Dear Managing Director of Stock Exchange of Thailand We, Patum Rice Mill and Granary

  3/ Certified Thailand Sustainability Investment 4/ Thailand Sustainability Investment n/a Ranking by Industry Business 4/ Business The Company is a plastic automotive parts manufacturer which sells

is because the revenue from tools & machine rental and revenue from goods sold have increased significantly in the first quarter of 2019. SG&A The Company’s selling expense for the 6-month period ended

tu s Total Liabilities 2,502 2,194 Total Asset 15,320 15,488 Total Equity 12,818 13,294 Remark: EBITDA = Net Profit (loss) + Interest + Depreciation. . The Company posted a EBITDA loss of THB 191

sales dropped from Baht 361.34 million in 2019 to only 289.18 million in 2020 or decreased by 19.97 %. This is a result of a 30 % decline of Thailand Automotive production. Export sales to South America

% which mainly decreased from the revenue from services. The total cost was reported at THB 139.0 million, decreased by THB 54.1 million or 28.0%. As a result, the gross profit margin for this quarter was

1,666.22 million, a net profit of Baht 95.43 million. Net profit increased due to gain from exchange rate and reversal of loss from impairment of investment in subsidiaries. 1.2 The company’s income from

1,809.44 million, a net profit of Baht 135.29 million due to the revenue from the sale of leather products for car seats decreased from the number of production cars according to the model received. In

revenue from sales and services amounted to Baht 8,148 million which increased by Baht 1,296 million or 19% QoQ due to the increase in sale quantity and selling price. On a YoY basis, the Company and

134.3 million mostly from trade payables and short-term loans of Baht 224.6 million to support higher production. Meanwhile, long- term liabilities decreased by Baht 97 million for the repayment. As a