was 0.96 times which reflect a capability for the Company to acquire more bad debt in the future. Summary of Revenues and Net Profit Q1/2017 Q1/2018 Change MB. % MB. % MB. % Services income from debts

follows: Summary of Income Statement Unit: Million Q2/2017 Q2/2018 % Change 6M/2017 6M/2018 % Change Services income from debts collection and others 55.4 65.4 18.1% 116.5 124.1 6.5% Revenues from

Company Limited S Hotels & Resorts, A Singha Estate Company | www.shotelsresorts.com Page 2 of 8 Discussion of results of operations Consolidated financial statements 9 Months 2018 9 Months 2019 % Change

. The gross profit margin in the first quarter of 2020 was 69.4%. This gross margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA

, consists of unrealised gain on exchange rate of receivable under finance lease agreement, gain on forward contracts and insurance claim. Change QoQ Consolidated financial statements Change YOY Financial

change comparing with the previous year. MTHB % MTHB % Domestic Sales 1. PVC Resins 5,375 26.9 5,418 28.1 2. Caustic Soda 3,920 19.7 4,017 20.8 3. VCM 1,492 7.5 1,667 8.6 4. ECH 905 4.5 649 3.4 5. Others

May 15, 2017 Subject : Operating Result Quarter 1 Ending March 31, 2017 To : The President The Stock Exchange of Thailand WICE Logistics Public Company Limited would like to clarify the change in

: Million Baht) Consolidated financial statements Q2’ 2020 Q2’ 2019 % Change Sales and Service Income 333 511 -35 Other Revenue 8 4 100 Less Cost of Sales and Services 276 412 -33 Selling and Administrative

) Acquired property: Ordinary shares in VHA of 46,800 shares, equivalent to 30 percent of paid-up capital Acquisition price: 46,800 Hong Kong Dollars (or equivalent to Baht 193,302.72) which is a par-value

Kitchen Plus 999 Co., Ltd., as Seller Acquired Assets : (1) 11 branches of Kitchen Plus restaurant, which are being operated by the Seller or its agent; (2) All rights and obligations of the Seller under