financial statements due to an appreciation of the Thai Baht from 3Q17. Other Income increased from the share of profit from investment in DREIT and food business, which the company invested in 1Q18. Total

Realty and Industry Public company Limited would like to explain the operating result for the 1st quarter and three months period ended March 31, 2018 compare with the same period of the previous year as

PUBLIC COMPANY LIMITED JCT: JACK CHIA INDUSTRIES (THAILAND) PUBLIC COMPANY LIMITED KSL: KHON KAEN SUGAR INDUSTRY PUBLIC COMPANY LIMITED NEP: NEP REALTY AND INDUSTRY PUBLIC COMPANY LIMITED PACO: PRESIDENT

/mmBtu in Q1’2017 and 231.23 Baht/mmBtu in Q4’2017), despite partly offset by a reduction of capacity payment due to Baht appreciation during the period Electricity sales to Industrial Users (IUs

lead to increase in the sales volume in this zone. However, the Company’s revenue was affected by the appreciation of exchange rate of 6% from an average of 32.75 per 1 Dollar in Quarter 3 2018 to 30.68

rate decelerated in accordance with the global economic growth which was affected by the trade war between the United States and China, together with the appreciation of the Thai Baht as one of the

value that has been revalued to reflect the current market prices of raw materials, which some items were in downtrend and the significant appreciation of Baht, resulting in higher cost of goods sold. The

increased from the same period of previous year by Baht 18.63 million due to the Baht appreciation. The Company recognized unrealized loss on exchange rate from revaluation foreign exchange rate. Discontinued

. 1 0 million baht and from the baht appreciation which resulted in the company having a loss on exchange rate of 2.20 million baht. Sea Freight, 151.36, 28% Air Freight, 181.49, 34% Cross Border

increase in the cost of goods sold, a reduction in gross margin, as well as the appreciation of the THB. This resulted in basic earnings per share of Bt0.14 for the second quarter of 2019. Total Asset Total