disseminating information to the investors accordingly. Your Sincerely, ( Kamtorn Sila-On) President Production and Finance S & P Syndicate Public Company Limited

herewith for your acknowledgement and disseminating information to the investors accordingly. Your Sincerely, ( Kamtorn Sila-On) President Production and Finance S & P Syndicate Public Company Limited

Production and Finance S & P Syndicate Public Company Limited

and disseminating to investors accordingly. Yours Sincerely, ( Kamtorn Sila-On ) President - Production and Finance S & P Syndicate Public Company Limited

and disseminating information to the investors accordingly. Your Sincerely, (Kamtorn Sila-On) President – Production and Finance S & P Syndicate Public Company Limited

, ( Kamtorn Sila-On ) President Production and Finance S & P Syndicate Public Company Limited

upon closed down Dusit Thani Bangkok. Finance Cost In 4Q18, Finance Cost was THB 23 million, an increase of 59.3% due to the company issue bond on 3Q18. Net Profit The Company reported net profit of THB

Management Discussion and Analysis (MD&A) for the second quarter ended 30 June 2020 11 | P a g e 6. Finance Costs Unit: THB million, % Q2/2020 vs Q2/2019 (YoY)  In Q2/2020, the Company recorded finance costs

there was no production since 2017 to reduce cost of managing inventories. Other Income and finance income Other income of the Company and its subsidiaries consists of agent fee income, gain on exchange

profit of the year 2020 has changed in the opposite direction of the decreased in total revenue. It increased 0.6% from the year 2019. This is because the Company had an increased in finance income which