31.81 at 31/03/19, and Baht/USD 31.23 at 31/03/18 (32.45 at 31/12/18) or the respective rate applicable to each offshore subsidiary's base currency. Payout Analysis No dividends were paid in Q119 or Q118

reviewQ118.xlsx Management's Discussion and Analysis First Quarter ending 31st March 2018 Overall Group Performance Hana Microelectronics Group 'Hana' Sales Revenue decreased 1% year on year at THB

0.42 0.45 0.43 Interest coverage times 227.59 95.03 249.18 Dividend payout (%) 55.68%* 67.84% 57.60% * Pending for approval from the 2018 annual shareholders’ meeting Operating results for the year 2017

 revenue for the group decreased 4% year‐on‐year in USD terms to USD 163m from USD 171m in Q218. The average exchange rate for Q219 was 1% stronger at THB/USD 31.6 from THB/USD 31.9 in Q218.  As a result the

from USD 162m in Q119. The average exchange rate for Q120 was 1% stronger at THB/USD 31.3 from THB/USD 31.6 in Q119. As a result the sales revenue in THB terms decreased 10% year on year for the quarter

 Baht/USD 35.18 at 30/06/16 (34.45 at 31/03/17) or the respective rate applicable to each offshore subsidiary's base currency.  Payout Analysis In Q217 THB 805m final dividend of THB 1.00 per share was

 year at THB 5.7 billion for the third quarter of 2017 from THB 5.3 billion for the third quarter 2016.   Sales Revenue in USD terms increased by 13% to USD 172m from USD 152m in Q3 2016. Operating

applicable to each offshore subsidiary's base currency. Payout Analysis No dividends were paid out during the quarter. Financial Status Net Cash reserves and financial investments at the 30th September 2019

last year. The increase was due to larger service volume from the clients from the commercial and film production segments. The rental and location service just launched operation during the quarter and

rate is reasonable compare to changing the rental location which has the cost of decorating, moving, including the continuity of business operations due to the main office is located at the same building