30 April 2019 At: ACC/HO 012/19 Re: Management Discussion and Analysis for the Quarter of 1/2019 To: President The Stock Exchange of Thailand In the first quarter of 2019, the Thai economy expanded

THB 14.09 million. This represents an effective tax rate of 38.10% which is higher than its statutory tax rate of 20.00% due mainly to deferred tax expense was recognized in the first quarter of 2019

first 9 months of 2018 was THB 172.31 million, an increase of THB 86.87 million or 101.67% when comparing with the same period of last year. Earnings per share increased from THB 0.086 per share to THB

THB 38.63 million. This represents an effective tax rate of 39.95% which is higher than its statutory tax rate of 20.00% due mainly to deferred tax expense was recognized in the first half of 2019. Net

to SPRIME. Performance Summary Consolidated Statement of Comprehensive Income Note: 1 Excluded unrealized gain from foreign exchange rate on convertible bond, gain from fair value adjustment on

policy. Meanwhile, the Thai economy began to show financial signals after the Monetary Policy Committee decided to maintain the policy rate. This is a result of the Thai economy has continued to grow well

mention that the utilization rate of the production capacity in USA has not yet broken even. The Company has a gross margin for the first nine month in total of 1,047.7 million Baht or equal to 27.2 percent

esthetics. 2. Overview of operating results in the Quarter 1’2019. From 2018 to the first quarter of 2019, the global economy still has risk factors from international political and economic tensions

investment are main supports. The inflation rate in the first quarter of 2018 increased parallel with the domestic oil price at 0.42 percent in February and 0.79 percent in March. Moreover, there is an

inflation rate in the first quarter of 2018 increased parallel with the domestic oil price at 0.42 percent in February and 0.79 percent in March. Moreover, there is an improvement of the unemployment rate