. For elastic segment for baby diapers; The major manufacturers have switched to use the spandex instead of natural rubber, and the competition is quite high. As a result, the sales of the company of this

cash used in operation activities by the amount of 920.4 million Baht which is a result of acquisition of non-performing debts to manage and cash flow from insurance services activities. In 2018, with

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 3 Year 2019 Ended September 30, 2019 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s

427.74 219.88 76.44 296.32 122.74 81.94 172.23 (1.55) 125.01 ating results f anager of the tern Printing 26.73 million e-month ende ion for the sa ting result a For the Q ended Septe 2018 249.29 24.86

, the operating result of the Company and its subsidiaries in the first 9 month of 2019 showing net loss Baht 144.20 million resulting in a decrease in shareholders’ equity. Page 4 of 4 Yours sincerely

December 31, 2019, plunging by Baht 28 .35 million or 3 2 .04 % from Baht 88 .48 million as at December 31, 2018 mainly as a result of a decrease in trade accounts payable of Baht 30 million, a decrease in

fees. Aviation Refueling Services 81% Fuel Pipeline Transportation Services 19% Services Income structure in 2019 Page 4 of 6 As a result, in 2019, the Group had expenses for cost of services and

3 million as at December 31, 2019, plunging by Baht 28 .35 million or 3 2 .04 % from Baht 88 .48 million as at December 31, 2018 mainly as a result of a decrease in trade accounts payable of Baht 30

at December 31, 2018 mainly as a result of a decrease in trade accounts payable of Baht 30 million, a decrease in short-term loans from related persons and companies of Baht 8.40 million, an increase

percent. The increase in selling and administrative expenses as a result of selling expense in relation to Condominium Project such as transfer fee and specific business tax and remuneration for employee