reasons the company’s net profit (net loss) or net income increased more than 20% from last year. Dear Sirs : Karmarts Public Company Limited would like to submit financial statement for the year ended

154.18 Administration expense 15.89 11.98 30.99 19.01 158.76 15.10 94.99 Net Profit -0.97 13.76 30.91 17.15 124.66 31.88 1,643.30 Gross Profit Margin (%) 5.61 20.08 18.04 -2.04 -10.18 12.43 221.57 Net

-18.38 -68.27 5.18 154.18 Administration expense 15.89 11.98 30.99 19.01 158.76 15.10 94.99 Net Profit -0.97 13.76 30.91 17.15 124.66 31.88 3,286.60 Gross Profit Margin (%) 5.61 20.08 18.04 -2.04 -10.18

the registrar. The profit for the period therefore decreased as mentioned before. The Company has set procedure to solve the mentioned problem and believes that the ratio of net claim expenses over

international market and increase of agent commissions as selling through agents was higher. Net profit and Net profit margin For the three-month period ended 31 March 2019, the Company’s Net Profit was 2.89

from rental income 0.95 1.19% 1.10 1.37% 0.14 15.18% Total Revenue 79.65 100.00% 80.13 100.00% 0.48 0.60% Gross Profit / Margin 17.80 22.34% 17.87 22.30% Net Profit / Margin (2.43) (3.04%) (8.14) (10.16

herewith the explanation and analysis of the Management for the 1st quarter of 2020 ended 31 March 2020 as follows. 1. Income, gross profit, net profit Unit : Million Baht 1. Income 2020 2019 2018 Increase

Second Quarter of 2020 1. EXECUTIVE SUMMARY WHAUP finished our Second Quarter of 2020 with a Normalized Net Income of Baht 177.7 million, a 74.4% decrease from 2Q2019 while Net Profit of Baht 317.4 million

tax expenses (revenues) 0.28 0.04 0.24 600.00% Net profit 72.74 27.07 45.67 168.71% Gross profit margin 63.46% 59.09% 4.38% Net profit margin 46.22% 34.87% 11.35% 1. Revenues from sales The Company

for the period as at 30 Sep 2018 Page 2 of 2 T.K.S. TECHNOLOGIES Net Profit Statements of Financial Position and % GP 3Q18 3Q17 As Reported Total GP 21% 22% Company 24% 22% TBSP 16% - % GP 9M18 9M17 As