economy continues its growth momentum following the GDP expansion by 4.8% in 1Q18. The growth is attributed to a number of factors, namely 1.) exports growth in-line with the improving sentiment of the

connected transaction. 7. Source of fund for providing financial assistance Working capital of the Company 8. Factors in consideration for the repayment capabilities In the event that the borrower sells

Capital As the group as no net interest bearing debt and operating working capital is positive the groups funding is from the shareholders equity. Page 2 of 3 Major Factors which could have an Impact on the

after January 1, 2020 Net Profit As a result of the various factors which affected the operating results of the Company and its subsidiaries as mentioned above, at the second quarter of Year 2020, the

group as no net interest bearing debt and operating working capital is positive the groups funding is from the shareholders equity. Page 2 of 3 Major Factors which could have an Impact on the Company's

factors and the impact on business operations 1. The Company had analyzed the impact that may occur in the future If the company's clients are affected by the COVID-19 situation, causing the lack of

of calculation and adjustment of margin value, consideration and review of appropriateness of the model and factors which may affect the margin rate, including types, characteristics and ratio of the

Management Discussion and Analysis (MD&A) 2019 Page 1/8 Management Discussion and Analysis (MD&A) 2019 Overview and Factors Affecting Future Performance 2019 was considered a challenging year for the

factors, in the year 2019, the Group had a net profit from normal operations of 106.2 million baht, a decrease of 34.0 million baht or 24.2% from 2018. However, excluding one-time items such as the reversal

the factors mentioned above, the company had Adjusted EBITDA Margin in quarter 3/2017 of 355 MB increased from quarter 3/2016 which was 239 MB and had Adjusted EBITDA margin for the period of 9M/2017 of