49.56 1.4 Cost of sales and service - Property development - Concrete products and others 77.03 % 76.30 % - 0.95 97.79 % 109.31 % - (10.54) 1.5 Selling expenses Baht 29.83 million Baht 25.62 million Baht

sales revenue [-2%], stronger THB/USD exchange rate [-2%], change in product mix [-1%] and higher labour and salaries expenses [-1%] . Page 1 of 3 Operating Profit Analysis Year-on-year operating profits

of plastic packaging products. Financial Operating Results In Q1/2020, total cost of sales and operating expenses were Baht 903.2 million, increased by Baht 20.8 million from Baht 882.4 million of Q1

Expenses 47 43 9 Allowance for doubtful account (Reverse) (1) 2 (150) Allowance for diminution in value of goods (4) (2) 200 Operating Profit 61 53 15 Less Loss from change in fair value of financial 67 4

products. Financial Operating Results In Q2/2020, total cost of sales and operating expenses were Baht 737.9 million, decreased by Baht 86.0 million from Baht 823.9 million of Q2/2019 or equivalent to 10.44

Expenses 35 46 -24 Allowance for doubtful account (Reverse) 7 (2) 450 Allowance for diminution in value of goods 7 (3) 333 Operating Profit 16 62 -74 Less Loss from exchange rate 4 2 100 Loss on recognition

thus significantly reduced the cost of sales and administrative expenses . Overall gross profit margin improved to 42.3% from 30.7% in 2018 Selling and Administration expenses The Company recorded

operating expenses were Baht 820.6 million, decreased by Baht 95.6 million from Baht 916.2 million of Q.3/2019 or equivalent to 10.43%. Our major expense was costs of goods sold, a decrease of Baht 96.4

Margin 142.53 160.45 -11% % Gross Margin 32% 36% -4% Administrative Expenses before Adj. 41.76 41.64 0% Adj. Previous Year SW Income 2.87 - 0% EBITDA * 124.15 140.29 -12% % EBITDA * 28% 31% -4% Other

financial statement for the first quarter of 2020 was THB 99.89 million, a decrease of THB 5.53 million or 5.25 per cent from the same quarter for the last year. 3. The administrative expenses of the