EBITDA as well as increased share of profit from joint ventures and lower finance costs. • Total assets as of 31 December 2019 stood at THB 53,531mn, decreasing by 0.8% or THB 429mn from 31 December 2018

Osotspa Public Company Limited Q2’20 and 1H’20 Management’s Discussion and Analysis 13 August 2020 Q2’20 and 1H’20 Management Discussion & Analysis Page 1/6 Financial Highlights - Despite the ongoing

, decreased in amount of 12.0 million Baht or 33.3 percent. Real estate revenue was lower than last year due to the economic downturn resulting in the company postponing the new project development plan which

carefully monitor the ongoing situation and changing consumer behaviors understood to be the ‘New Normal’ and will take actions to ensure that the Group adjusts to respond to the needs of customers in a

1,221 2.1% 3,706 3,534 4.9% Profit for the period from continuing operations 841 787 6.8% 2,459 2,239 9.8% Profit for the period from discontinued operation, net of tax - 7 -100.0% - 27 -100.0% Profit for

high gross profit margin from sale of goods at 42.7%, despite the decrease from 44.2% compared to the same period last year due to lower sales resulted from the store closure.  The Company managed

of 383.0 million baht, lower by 3.3 percent. This was resulted from 7.0 percent decreasing in number of flights from the same period last year. Unallocated Revenues The Company has other revenues that

(loss) from associates and JV (26) 159 (185) -116.4% Net profit attributable to equity holders 216 397 (181) -45.6% Total revenues in Q1 2019 were slightly lower than last year, primarily due to lower

Securities Co., Ltd. (“KT ZMICO”) which the Company have 49.71% shareholding, decreased by Baht 17.17 million. This was mainly caused by lower fee and service income and brokerage fee from the 17% decrease in

Commission No. Kor Thor. 4/2557 Re: Ongoing Capital Adequacy of Some Specific Intermediaries dated 5 June 2014; (2) Notification of the Securities and Exchange Commission No. Kor Thor. 12/2560 Re: Ongoing