) % Change 2019 2018 Sales revenue 274.53 224.09 50.44 22.51% Other incomes 3.77 0.74 3.03 409.46% Total revenues 278.30 224.83 53.47 23.78% Cost of sales 117.60 85.18 32.42 38.06% Selling expenses 82.72 61.72

Ended 30 September 2019, presented as consolidated financial statements 1. Sales and service income The company has revenue from sales and services in the 3rd quarter of 2019 in the amount of 217.59

/2019 ended September 30, 2019 of the Company and its subsidiaries as shown below: (Unit: Thousand Baht) Revenue Gross profit Selling Admin Net profit Q3/18 249,407 89,092 21,509 18,502 32,736 Q3/19

881 Website: www.aapico.com Management Discussion and Analysis for the 2nd quarter of year 2024 2 Total revenue decreased by 11.7% year-on-year. Sales and service income decreased by 10.0%, with 14.7

the shares of Eastern Cuisine by the discounted cash flow approach (DCF), which yields the value of THB 283.94 – THB 361.80 million based on the estimated revenue from the targeted average bills per

and its subsidiaries’ operating results for the quarter ended March 31st 2018 Unit: THB Million Q1/2017 Q4/2017 Q1/2018 YoY QoQ Total Revenue 43,995 46,306 44,226 1% -4% Accounting EBITDA 4,075 3,494

2016, the net profit amount of Bath 84.03 million. In 2017 net profit is decreased by Baht 189.752 million Baht or 225.82% which details are as follows; (1) Revenue from sales In 2017, the Company and

in subsidiaries - 641.0 641.0 100.0 - Others 46.0 581.8 535.8 1,164.8 Total Revenue 3,199.0 9,987.7 6,788.7 212.2 Cost of real estate sold 1,724.2 5,662.4 3,938.2 228.4 Selling and commission expenses

Baht 110 million in Quarter 3 2019 or increased by 43% from the sales of OEM of Toyota, IZUZU and Mitsubishi. What is more, the revenue in South - 4 - America zone increased by 14% one of the main

6,797 million, which was decreased by Baht 1,283 million or a decrease of 16% compared to the total revenues for 2018 amounting to Baht 8,080 million. The decrease was mainly due to the lower revenue from