No. DIGI 028/2018 14 November 2018 Subject: Management Discussion and Analysis - Explanation of net profit (loss) for the three-month period ended September 30, 2018. To: The President of Stock

Calculation Formula Transaction Size 1. Net tangible assets method Net tangible asset of the disposed company x 100 Net tangible asset of the Company N/A1 2. Net profit method Net profit of the disposed company

had loss of Baht 9.64 million (loss per share of Baht 0.96). The decrease of loss in the amount of Baht 9.24 million comes from the following major items. 1. Underwriting profit before operating

Financial cost (0.31) (0.06) (0.69) (0.15) 0.38 (54.95) Profit (loss) before income tax expenses (32.74) (6.05) (31.11) (6.59) (1.62) 5.52 Income tax (expense) revenue 5.65 1.04 (7.33) (1.55) 12.98 (177.07

disclose the review of consolidated interim financial statements of the Group and the interim financial statement of the Company for the period ending March 31, 2020. The results shows net profit of Baht

) (93.87) (5.02) (4.39) Gross profit (loss) 7.85 6.70 7.46 6.13 0.39 5.22 Other revenues 1.44 1.23 2.33 1.91 (0.88) (38.03) Distribution cost (3.56) (3.04) (5.15) (4.23) (1.58) (30.73) Administrative

(110.05%) by compared with the net profit at 53.99 million baht same period at last year. The changing over than 20% from the main causes as follows: 1. Revenues from service amount of 277.62 million baht

there was Share of profit amounted 37.07 million baht in Q2/2019 because there was no transfer in MARQUE Sukhumvit project in Q2/2020. - Finance cost in Q2/2020 amounted 122.64 million baht increased by

which focuses on projects with the government. 2. The Group has cost of sales in the first quarter of 2020 in the amount of 20.40 million baht and the gross profit margin (Gross Margin) in the first

review of consolidated interim financial statements of the Group and the interim financial statement of the Company for the period ending March 31, 2020. The results shows net profit of Baht 153.21 million