(MD&A) for the year 2019 Attention: The President The Stock Exchange of Thailand The Company wishes to present the Management Discussion & Analysis (MD&A) on the operating and financial status for the

year 2019 To: Managing Director of the Stock Exchange of Thailand The Company would like to clarify the net profit for the 3rd quarter and 9-month periods of the year ending on 30th September 2019 had

Osotspa Public Company Limited Q3’18 and 9M18 Management Discussion & Analysis 14 November 2018 Q3’18 and 9M18 Management Discussion & Analysis Page 1/7 Financial Highlights Q3’18 profit attributable

19,000,000 shares - Mr. Surachet Chaipatamanont, whereby, is a connected person of the Company. The Private Placement Offering Price is not lower than the Right Offering price, but lower than the Market Price

consolidated financial statements of Lee Feed Mill Public Company Limited and its subsidiaries for the second quarter ended June 30, 2019, of which the business operation results for the second quarter of 2019

stainless steel products together with lower global material price and higher sale competition. The sales of company and it subsidiaries mostly came from Copper, Aluminum and Stainless products. For the

sales mix of lower gross margin products sold through online channels. The Company has implemented measures to control its operational costs such as overtime compensation, associate’s sales incentive

follows; 1. The total revenue of the company decreased by 132.77 million baht or 2.37% YoY due to the decrease in motorcycle production which was lower than the expectation and lower than the production

. The total revenue of the company decreased by 132.77 million baht or 2.39% YoY due to the decrease in motorcycle production which was lower than the expectation and lower than the production amount in

same period last year. Due to lower costs include employee expenses, contractor costs, and lower travel expenses. Finance cost The company had financial costs of 11 million baht, equivalent to the same