of which mostly are materials, service / sub-contractors and project management costs applicable to both portfolios. Cost of Sales (CoS) Jan.-Jun. 2016 Jan.-Jun. 2017 MB GM (%) MB GM (%) CoS for

Directors’ Meeting of M Pictures Entertainment Public Company Limited (the “Company”) No. 3/2018 held on 8 August 2018 has passed resolution and ratified to additional investment in Transformation Films Co

Holdings Plc. (TRAF) (currently M Pictures Entertainment Plc. (MPIC)) from November 15, 2007 to January 9, 2008.The SEC, on March 24, 2011, disclosed that the Settlement Committee in accordance with the

consolidated financial statements of Wave Entertainment Plc. as follows: Q2/2020 Q2/2020 Q2/2019 Changed THB'mm % THB'mm % THB'mm % Reveneue by Segment Language institute 113.99 81% 144.53 49% (30.54) -21

cent, from the 1st quarter of 2017, with 18.64 million Baht coming from real estate business while increasing from construction materials business 3.10 million Baht. In the 1st quarter of 2018, the

baht, or 5.37% comparing to the same period last year due to the growth of automobile’s and motorcycle’s production. 2. Increase in raw materials costs around 78.08 million baht, or 10.65% comparing to

223.66 million Baht, decreasing by 52.14 million Baht, or 19 per cent, from the 2nd quarter of 2016, with 41.46 million Baht coming from construction materials business while decreasing from real estate

Baht, or 16 per cent, from the 3rd. quarter of 2018, with 33.17 million Baht coming from construction materials business while decreasing from real estate business 29.26 million Baht cause of the

materials. In terms of the company's financial ratio analysis, The company's liquidity ratio has been reduced to 0.25 times. -13.30% debt-to-equity ratio decreased to 0.53 times. The liquidity ratio is 0.59

-service format, resulting in the recognition of cost of raw materials and packaging materials included in the cost of sales and services. Therefore, the cost of sales of the Q2’21 increased from the Q2’20