%QoQ 9M18 9M19 %YoY Revenue from sale of goods 301.01 210.14 252.77 -16.03% 20.29% 832.64 765.13 -8.11% Cost of sale of goods (183.06) (142.60) (161.12) -11.99% 12.99% (520.24) (484.53) -6.86% Gross

) % Services income 134,745,445 75,462,443 59,283,002 78.6 Cost of rendering of services (92,047,219) (46,927,415) (45,119,804) 96.1 Gross profit 42,698,226 28,535,028 14,163,198 49.6 Other income 83,215 19,864

complaint must not exceed 27,175.50 Baht according to the request of the claimant. Moreover, the court ordered Mr. Thanawat to reimburse the execution cost and 6,000 Baht of attorney fee to the claimant.

find the following attachment. Please kindly be informed accordingly. Yours faithfully, Mr. Geza Emil Perlaki Managing Director For period ended 31 March 2019 MANAGEMENT DISCUSSION AND ANALYSIS Golden

100.00% 73.48 100.00% (1.75) (2.37%) Expenses Cost of sales 6.10 8.51% 6.96 9.47% (0.86) (12.31%) Cost of service and rental 14.48 20.18% 13.55 18.44% 0.93 6.87% Selling and service expenses 0.42 0.58

20,289.88 29,668.73 (9,378.85) (31.61) Other income 741.35 365.86 375.49 102.63 Total revenues 21,031.23 30,034.59 (9,003.36) (29.98) Cost of construction services and sales of construction materials

Revenues 400.1 100.0% 546.8 100.0% 146.7 36.7% Cost of Services 151.6 37.9% 197.2 36.1% 45.6 30.1% Insurance Expenses 0 0.0% 32.6 6.0% 32.6 100.0% Gross Profit 248.4 62.1% 316.9 58.0% 68.5 27.6% Gain on

is effective in 2019. 2.2 The decreasing gross profit margin in the remaining portion comes from the indirect cost, which is a fixed cost, was not decreased in the same direction of the sales. Gross

% 38.0 129.4% Total revenues from sales and services 156.3 100.0% 165.1 100.0% 8.9 5.7% Cost of Rental 115.2 73.7% 8.7 5.3% -106.5 -92.5% Cost of Sales 19.8 12.7% 45.0 27.2% 25.1 126.7% Total cost of sales

25.53 Other income 2.97 15.47 (12.50) (80.82) 49.89 23.38 26.51 113.41 Total revenues 366.68 427.74 (61.06) (14.28) 757.19 738.63 18.55 2.51 Cost of sales and services 183.14 216.10 (32.95) (15.25) 387.52