SUBSIDIARY MANAGEMENT DISCUSSION AND ANALYSIS (For the Consolidated Financial Statements of the Year Period Ending December 31, 2018) (1) Overall Operating Results For the year 2018, the total revenue from

. Ended May 31, 2017, audited by auditors. The details are as follows 1. The Company's total revenue is Baht 1,145. 18 million, a decrease of Baht 80 . 8 2 million or 6. 59% from the same period of last

follows: 1. Total sales revenue and service was 31.80 million Baht, decreased 758.01 million Baht or 95.97% from the same period last year due to the Company and its subsidiary received decreased orders

Operating Results For the 1st quarter 2019, the total revenue from sales and services of the Company and its Subsidiary (together referred to as the “Corporate Group”) was Baht 1,329.18 million, which

with Patong Municipality, Phuket Province of a subsidiary. It’s started to recognize revenue from 4 January 2019. 2.2 Income from installation and distribution of water production systems increased from

Operating Results For the 1st quarter 2018, the total revenue of the Company and its subsidiary (together referred to as the “Corporate Group”) was Baht 1,205.80 million, which increased from the same period

: Revenue from sales of land plots of Bangpoo Industrial Estate (North) amounted to Baht 1,066.42 million. Baht in the period of 9 months (before the Company Sales of investments in Thai Bonnet Trading Zone

had net pro 2019 was 449.87 million baht. A de prior year. The total revenue was 1,036.22 Interest expenses were 263.73 increase was due to additional of borrowing to support hire purchase loan

net profit of 2019 was 449.87 million baht. A de prior year. The total revenue was 1,036.22 Interest expenses were 263.73 increase was due to additional of borrowing to support hire purchase loan

/2019 ended September 30, 2019 of the Company and its subsidiaries as shown below: (Unit: Thousand Baht) Revenue Gross profit Selling Admin Net profit Q3/18 249,407 89,092 21,509 18,502 32,736 Q3/19