Value of net tangible assets method (NTA) Transaction size = NTA of investment in the Company x The acquired proportion x 100 NTA of the Company = (35.55 X 85.65%) X 100 191.61 = 15.89% (2) Net Profit

subsidiaries -10.47 0.05 -10.52 -21040.00 Profit(Loss) attributable to equity holders of the company -71.46 -15.53 -55.93 -360.14 Basic Loss Per Share (Baht) -0.10 -0.04 Gross Margin -45.07% -2.21% Net Profit

(Decrease) % 2019 2018 Revenues from sales and services 817.56 656.71 160.85 24.49% Gross profit from sales and services 181.55 125.50 56.05 44.66% Other income 4.85 6.10 (1.25) (20.49%) Selling expenses

drop of 1.5% in the domestics. 2 Gross profits and gross profits margin Gross profits were THB 1,834 million, increased by THB 424 million or 30.1%, representing gross profit margin of 40.7%, an increase

Information Summary of CVHLUX 1/ 2/ Unit: THB million 9-month Period ending 30 September 2017 Amount % Income Statement Revenue from sales 169.4 100.0% Gross profit 54.7 32.3% Earnings before interest and tax

30 September 2017 Amount % Income Statement Revenue from sales 169.4 100.0% Gross profit 54.7 32.3% Earnings before interest and tax (625.5) -369.2% Net Profit (Loss) (646.6) -381.6% Balance Sheet

shareholders’ meeting. (As shown in the Attachment No.2) 2. That the audited financial statements for the year ended December 31, 2019, be approved. 3. Non-allocation of net profit as legal reserve and the

. 3. To gain dividend from company net profit for investment. - 5 - 7. Board committee’s statements over the transactions Board committee remarks that the investment in Vanachai Wood Smith Co., Ltd

(Baht) Transaction size (%) Net tangible assets (NTA) criteria Net profit criteria Value of consideration criteria Value of securities issued criteria 1. Vanachai Group Plc. invests the ordinary shares in

(0.08) (0.08) Gross Margin -101% -45% Net Profit Margin -254% -96% Financial Performance for the 9 months ended Sebtember 30, 2019 (Unit : Millon Bath) 2019 2019 Inc/(Dec) % Construction income 218.48