Management’s Discussion and Analysis Consolidated Financial Results for the three-month and the nine-month Q3/2018 For the three-month ended 30 September 2018 Consolidated Profit & Loss of NPPG (THAILAND) PCL

decreased THB 13.15 million from the previous year. Therefore, overall net profit improved slightly from the previous year. Please be informed accordingly. Sincerely Yours, (Mr. Pete Rimchala) Managing

21.71 2.73% 505.45 54.0% -483.74 -95.70% Loss from impairment of property investment 5.69 0.66% - - 5.69 100.00% Total Expense 723.45 84.40% 1,303.52 139.1% -580.08 -44.50% Profit before finance costs and

expenses 505.45 53.96% 112.11 20.9% 393.34 350.84% Loss from impairment of property investment - - - - - - Total Expense 1,303.52 139.15% 496.67 92.4% 806.86 162.45% Profit before finance costs and income

from Sales and Service 749.13 585.27 163.86 28.00% Total Revenue 757.67 588.79 168.88 28.68% Net Profit for the Period 150.18 95.19 54.98 57.76% Net Profit for Shareholders of the Company 121.50 80.32

996.70 819.10 117.61 21.68% Total Revenue 1,004.22 826.20 178.01 21.55% Net Profit for the Year 181.47 142.40 39.07 27.44% Net Profit for Shareholders of the Company 148.30 117.89 30.41 25.80% For the

and Administrative Expenses 244.45 197.78 +23.60 Financial Cost 30.80 34.60 -11.00 Net Profit 189.79 287.27 -33.93 (Unit : Million Baht) Financial statements in which equity method is applied 2017 2016

results of the Company. For the three-month period Ended March 31, 2019, which was audited by the auditor with significant operational results as follows: 1. Net profit of 1.318 million baht, compared with

Department , Metropolitan Electricity Authority office building in Minburi District, etc. Construction and service costs and Gross profit In 2019, the company’s group had construction and service costs of

159.78 (42.39) (26.53) 87.16 96.05 Cost of sales (88.33) (119.80) 31.47 (26.27) (75.24) (74.98) Gross Profit 29.06 39.98 (10.92) (27.31) 11.91 21.07 Other income 17.30 6.57 10.73 163.32 12.84 3.95