Limited (the “Company”) submitted its separate financial statement and its consolidated financial statement for the year of 2018 ended on 31 December 2018 which were audited by the auditor. The Company

Limited (the “Company”) submitted its separate financial statement and its consolidated financial statement for the year of 2019 ended on 31 December 2019 which was audited by the auditor. The Company

Public Company Limited (“the Company”) would like to report on Management Discussion and Analysis from the separate and consolidated financial statements of the 2nd quarter ended June 30, 2019. The details

% Other Income 115 77 38 49% 88 104 - 16 -15% Distribution costs 359 311 48 15% 276 266 10 4% Administrative expenses 594 650 - 56 -9% 441 509 - 68 -13% Finance cost - Interest expenses 49 41 8 20% 34 28 6

. Distribution Cost Distribution cost in the 1st quarter year 2019 increased compare to the same period last year due to an increase in sales volume that mentioned above. The Company incurred distribution cost THB

. Transaction Date Month Year: January 1, 2020 - December 31, 2020 1 year period 2. Party Concerned: Tiger Distribution and Logistics Co., Ltd that has registered capital amount of Baht 20,000,000. Its core

newspaper production, and termination of newspaper printing at the Company’s Printing and Distribution Center. In addition, the Company would like to clarify the operating results, which loss decreased from

(554) (591) 36 -6% (449) (478) 29 -6% Gross Profit 193 116 77 66% 119 93 26 28% Other Income 3 51 (48) -93% 23 31 (8) -25% Distribution costs (88) (90) 2 -2% (72) (62) (9) 15% Administrative expenses (81

% Other Income 24 9 15 167% 36 19 17 89% Distribution costs (93) (97) 4 -4% (76) (77) 1 -1% Administrative expenses (134) (139) 5 -4% (127) (113) (14) 12% Finance cost - Interest expenses (13) (11) (2) 18

(507) (719) 212 -29% (387) (610) 224 -37% Gross Profit 168 229 (61) -26% 108 172 (64) -37% Other Income 23 2 21 1351% 32 10 22 209% Distribution costs (62) (88) 26 -30% (48) (67) 19 -28% Administrative