and Analysis For the 1st Quarter Ended 31 March, 2019 Page 3 2. Operation performance according to consolidated financial statement Unit : Million Baht 2019 2018 Revenue from sales and rendering of

2018 of 4,086 million Baht. The main reason of the significant loss in Q1 2018 was from a record of the impairment of investments in subsidiaries of 3,400 million Baht. Summary of Financial Performance

performance recovery by strict cost control and cost reduction management, ramping up asset utilization to manage fixed costs, stop additional investments, and most importantly focus on cash management to

million 6. Forward Looking In 2019 the Company and its subsidiaries will continue to focus on the performance recovery by strict cost control and cost reduction management, ramping up asset utilization to

combination of assets and business acquisition, for a better understanding of the financial performance, the table below gives the consolidated proforma position of the Acquired Businesses/Assets. (i) As of

management discussion and analysis for the 2nd Quarter of 2019 and the six months period ending 30 June 2019, as follows: Financial Performance Analysis Revenues Revenues 2nd Quarter (April-June) 2018 2019 THB

its subsidiary as of June 30, 2019 was in the amount of 335.96 million baht, decreased by 7.55 million baht or 2.20%. The change came from an increase in net profit from the Company’s performance of six

as follows: Management Discussion and Analysis For the 6 Months Period Ended 30 June 2019 Summary of Performance Sales Revenue For the period of six months ended 30 June 2018 and 2019, the Company

absence of revenue from the property development business and increase in administrative expense as explained above. Summary of Financial Performance Analysis of the Operating Results Revenues For the

and Analysis For the 1 st Quarter Ended 31 March, 2018 Page 2 2. Operation performance according to consolidated financial statement Unit : Million Baht 2018 2017 Revenue from sale and rendering of