-Translation- 1 -Translation- Ref. NCH 022/2019 May 13, 2019 Subject : Management’s Discussion and Analysis 1Q/2019 Attention : President The Stock Exchange of Thailand N.C. Housing Plc. (“the

-Translation- 1 -Translation- Ref. NCH 033/2018 May 14, 2018 Subject : Management’s Discussion and Analysis 1Q/2018 Attention : President The Stock Exchange of Thailand N.C. Housing Plc. (“the

decreased 18% coming from construction materials business cause of property segment starting slowdown and also affected by COVID-19 pandemic impact to the new housing project slowdown or delay while

depreciation, rent, repair and maintenance, insurance premium, housing and land tax, water fee, electrical fee, telephone fee, material https://publish.sec.or.th/nrs/3890pe.doc แบบแสดงรายการข้อมูลการเสนอขายหลัก

บริษัทจดทะเบียน Symbol Company Filing FinancialStatement Annual Registration Statement (Form 56-1) Annual Report (Form 56-2) Ranking NCH N. C. HOUSING PUBLIC COMPANY LIMITED Filing FinancialStatement 56-1

products as well as growth from some exiting products. Domestic branded was quite maintained.  Net profit in Q1/2018 was Baht 9 million, a decrease of 92% YoY due to 1) lower sales contribution of export

2017. Excluding the non-recurring items, Company delivered net profit THB 346 mil. or growth of 3.2% y-y as well as primary due to higher Share of Profit of associates contribution. Page 4 of 4 T.K.S

increased income from our consolidation with Nguyen Kim since June 2019, the increased revenue from rental service from Robinson Lifestyle Center in Chaiyaphum and the full quarter revenue contribution from

restaurant and food center business improve in bottom line contribution, by lowering in losses of 52% or 16M THB, mainly are from subcontracting one of food center to third party. 3. Financial status analysis

, which contributed operating revenue of THB 1,223mn, (ii) consolidation of assets from the EBT of UE since 16 March 2018, whose revenue contribution this quarter amounted to THB 113mn and (iii) other