Osotspa Public Company Limited Q3’18 and 9M18 Management Discussion & Analysis 14 November 2018 Q3’18 and 9M18 Management Discussion & Analysis Page 1/7 Financial Highlights Q3’18 profit attributable

) na. - - (1,920) na. Net Profit after extra items (1,853) (44) 71 1 (1,924) (2,710) 64 1 (1,917) (2,995) Notes : (1) Including Gain/(Loss) from FX and Derivatives (2) Extra items were expenses from raw

2019 in order to enhance corporate efficiency and growth resulting in favourable operating results by achieving 12% gross profit margin in Q1-2020. UWC determined to continuously improve its strategic

0.17 2.84% Profit (loss) from exchange rate 1.81 0.66 1.15 175.88% 1.81 0.66 1.16 176.37% Total Revenue 406.40 327.64 78.75 24.04% 400.05 326.12 73.93 22.67% Sharing of gain (loss) from investment value

the 3rd Quarter 2018. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward contract from several

THB 8.3 MB, most of which decreased from staff expenses. And the additional financial cost of THB 4.3 MB, mainly from the interest of trust receipts from the purchase of raw materials. The Company

received from current investment. 2. Cost of sale , Profit margin In Q2/2017 the company had cost of sale Baht 82.97 million compare with the same period of previous year amount to Baht 68.01 million

2017 as follows: Profit and Loss Statement Total Revenue The company earned THB 200.5 mn in Q2/2017, decrease from the same period in last year amounting to THB 18.6 mn by 8.5% can be summarized as

financial statements for the three-month period ended June 30, 2019. The Group's sales and net profit totaled Bt2,992.8 million and Bt159.0 million, respectively, compared to Bt3,643.3 million and Bt558.0

year. Other income for Q2, 2019 are 0.66 million baht which comparable to 0.84 million bath last year with no significantly transaction changes. 2. Cost of sale , Profit margin For Quarter2 of the year