AC2802/2018 February 28, 2018 Subject: Management Discussion and Analysis for Year2017 To: Managing Director The Stock Exchange of Thailand The company would like to report the operation results for

million to THB 13.03 million or decreased THB 68.52 million or 84.02% because cost of films’ production and films’ distribution decreased. 2. Expenses of the Selling and Management Expenses of the Selling

quarter in 2018, the company cost of distribution and administrative expense were 53.32 Million Baht compare with last period 48.27 Million, increased 10%. Due to the administrative expense were increased

Products Public Company Limited (“Q-CON”) would like to clarify the main reason that caused operating result of the year of 2019 changed more than 20 percent that of 2018. Q-CON and subsidiary have profit

million to THB 455.30 million or increased THB 121.90 million or 35.56% due to film production and film right distribution of the Company and its subsidiary generated more revenue than earlier year. Cost of

%YoY 1Q17 %QoQ 1H17 1H16 %YoY Gross profit margin (%) 47.00 45.97 1.03 43.02 3.98 44.99 45.30 (0.31) Distribution costs and administrative expenses to total revenue (%) 39.60 29.31 10.29 34.72 4.88 37.14

ratios (%) 3Q17 3Q16 %YoY 2Q17 %QoQ 9M17 9M16 %YoY Gross profit margin (%) 44.99 46.51 (1.52) 47.00 (2.01) 44.99 45.68 (0.69) Distribution costs and administrative expenses to total revenue (%) 39.22 30.84

as income from property rental dropped 12% or 4.1 mil. baht to 30.7 mil. baht due to the decline in occupancy rate. Income from Chemical Distribution business increased marginally from 226.3 mil. baht

distribution due to the increase of transportation expenses as proportion of sales, Due to the advertising and promotion expenses. As a proportion of the operation expense were decreased from the company no

May 11, 2018 Re: Management Discussion and Analysis for the period 3 months March 31, 2018 To: The Registrar , Stock Exchange of Thailand Patkol Public Company Limited: Management Discussion and