result of the continuing decline in global demand from the slow economic growth of trading partners, the protectionist trade policies between the US and China, the down-cycle of electronic products and

Phatra Securities Plc. for 1Q21 was at 10.84%, continuing to rank 1st from total of 38 brokers. Overall market environment The Thai economy started out at a slow pace in January 2021 due to the resurgence

situation that has been continuing to adversely affect sales performance of the Company. Export sales decreased by 44.5% due to customers in India, ASEAN, and America cut their orders considering lack of

blocked from these platforms immediately to protect the public from further harm and loss.  The Investment Scam Hotline initiative is part of the SEC’s continuing efforts as a participant in the

Baht 1,168.7 million. The decreasing of Baht 23.0 million mainly derived from decrease in cost of natural gas power plant which decreased by Baht 86.4 million as the continuing decreasing in fuel

respectively, an increase of THB 49.0 Mn or 4.5%. This increase was mainly due to (1) increase in revenue contribution of the brands with higher % cost of goods sold. (2) the increase of packaging cost related

International Advertising in order to reflect on its international expansion strategy. Accordingly, the revenue contribution was divided into 1) Domestic Advertising revenue of 34.5% (or THB 258mn); 2

to lower contribution from GHECO-One. • Financial costs decreased by 16.4% or THB 193.0 mm, compared to the same period of last year, due to accounting impact of early redemption of bond and lower

contribution from our subsidiaries outside Thailand. Revenue from Portugal operations increased slightly by 3.7%. China recorded a strong revenue growth of 24.3%. The company also recorded increase in revenue

overall sales volume, the Company and its subsidiaries brought 1.6% growth of Gross profit margin versus 2017 by the strong contribution of Epicerol® business. 2. In 2018, distribution costs, administrative