(15.86 ) (15.86 ) #N/A (5.36%) 0.00% Reversal of doubtful accounts 0.40 62.94 62.54 99.36% 0.14% 8.88% Finance costs (62.30 ) (36.13 ) 26.17 (72.43%) (21.06%) (5.10%) Tax income (expense) (0.26 ) (9.44

11.54 million Baht 12.09 million 104.77 1.6 Administrative expenses Baht 163.11 million Baht 125.27 million Baht 37.84 million 30.21 1.7 Finance cost Baht 55.50 million Baht 49.92 million Baht 5.58

% Finance costs (33,716) (43,074) -22% (19,474) (21,032) -7% Profit (loss) before income tax 200,062 (88,482) 326% (7,853) 40,006 -120% Income tax (6,125) (9,765) -37% (4,171) (8,300) -50% Profit (loss) for

35.11 81.96% Selling expenses 9.20 4.08 5.12 125.49% Administrative expenses 14.60 15.81 (1.21) (7.65%) Finance cost 1.02 0.88 0.14 15.91% Profit before income tax expenses 111.79 33.39 78.40 234.80

23.73% 7. Mrs. Pranee Parksook Senior Vice President, Finance Department 0.10% Director 0.05% (3) General Explanation regarding Nature of the Connected Transaction Details of the connected transaction are

% 296,381 6% Current portion of long-term loans from financial institutio 100,800 1% - 0% 120,000 2% 132,000 3% Short-term borrowings - 0% - 0% 160,000 2% 207,405 4% Current portion of finance lease

99.93% Selling expenses 12.23 4.58 7.65 167.03% Administrative expenses 19.75 14.31 5.44 38.02% Finance cost 0.53 0.89 (0.36) (40.45%) Profit before income tax expenses 113.42 55.02 58.40 106.14% Income

Discussion and Analysis, Q2/2018 Page2/4 Q2/2017 Q2/2018 % Change 6M/2017 6M/2018 % Change Operating Profit 178.9 190.4 6.4% 286.8 377.5 31.6% Finance Cost (18.2) (30.6) 68.1% (34.5) (58.3) 69.0% Tax Expenses

239.3 -319 -57.1% Finance Cost 71.2 111.9 40.7 57.1% 134.7 210.9 76 56.6% Tax Expenses 59.5 19.4 -40.1 -67.4% 62.4 36.6 -26 -41.3% Net Profit attribute to Equity’s Shareholders. 148.1 44.5 -103.6 -69.9

from fixed assets of 74.00 Million Baht, decline from depreciation charges of 76.36 Million Baht and selling intangible assets of 21.01 Million Baht, decline in Finance lease receivable of 18.65 Million