-9320 1 Ref: PLC 2018/012 August 13, 2018 Subject: Management Discussion and Analysis Quarter 2 Ended 30-June-2018 To: The President of the Stock Exchange of Thailand Panjawattana Plastic Public Company

the factories employee expense that couldn’t be used full capacity of production. หน้าที่ 2 จาก 5 (3) Gross profit In the Third Quarter Ended September 30, 2017, the Company and subsidiaries has total

production. Total price of the transactions is 6,047,500 THB or percentage 1.43 of the Net Tangible Asset, which is greater than 0.03 percent and less than 3 percent of Net Tangible Asset (NTA) of the company

Transactions with associates company Interest income 837 909 - - Contract rate Rental expenses 6,059 9,074 4,055 6,101 Contract rate Transactions with related entities Revenue from advertising production 18,786

Microsoft Word - Financial conclusion Q4 2017 Clarification on Percentage of Change More Than 20% The consolidated financial statements of Nation International Edutainment Public Company Limited and

gross profit margins resulted primarily from the company's efficient production cost controls and last year the company had sold a large number of products at low price to reduce stock, while the

Microsoft Word - Clarification of Change 20%_Q2 '17 Clarification on Percentage of Change More Than 20% The consolidated financial statements of Nation International Edutainment Public Company

which increased from the 2nd quarter of last year but improved from the last quarter mainly due to efficiency of production. 3. Selling and administrative expenses slightly decreased from the same period

Microsoft Word - Financial conclusion Q3 2017 Clarification on Percentage of Change More Than 20% The consolidated financial statements of Nation International Edutainment Public Company Limited and

332.23 million Bath or at 102.3% of sales which increased from the 3rd quarter of last year mainly due to low production and sales. 3. Selling and administrative expenses slightly decreased from the same