| www.shotelsresorts.com Page 2 of 9 Discussion of results of operations: Year 2018 and Year 2019 Year 2018 Year 2019 Change THB million % THB million % THB million % Revenue from services 2,575.7 100.0% 3,818.1 100.0
quarter of 2018) as follows: Unit : million baht Q4/17 Q3/18 Q4/18 Change +/(-) QoQ % YoY % Net Revenue 191.39 271.57 244.40 -27.17 -10.01 53.01 27.70 Cost of Goods Sold 180.66 217.04 200.32 -16.72 -7.71
2018 (4th quarter of 2018) as follows: Unit : million baht Q4/17 Q3/18 Q4/18 Change +/(-) QoQ % YoY % Net Revenue 191.39 271.57 244.40 -27.17 -10.01 53.01 27.70 Cost of Goods Sold 180.66 217.04 200.32
. Statement of Comprehensive Income Total Revenues (Million Baht) Quarterly Change Nine-month End September 30, Change 3/2017 3/2016 % 2017 2016 % Revenue from sales Domestic sales 111.5 139.9 (20.3) 352.9
compared to the same period last year which was THB 37.31 million and net profit margin for 1H20 to 12.70 percent, a decrease from 19.35 percent compared to the same period of the previous year. Income
million or 74.48%. The major causes of significant change are as follows: Unit : Million Baht Operating results of the Company For the Year ended December 31, 2017 2016 Changes % Revenues : Revenues from
comparison with net profit of Baht 206.42 million for the year 2017, an increase of Baht 136.35 million or 66.05%. The major causes of significant change are as follows: Unit : Million Baht Operating results
is Baht 342.77 million in comparison with net profit of Baht 206.42 million for the year 2017, an increase of Baht 136.35 million or 66.05%. The major causes of significant change are as follows: Unit
change in status of associate to subsidiary and other income from the collection from receivables 5.43 million baht. Separate financial statements Revenues 1. Revenues from Sales 5.07 Million Baht increase
financial statement of Yggdrazil Group PLC. As follows: (Unit: Thoundsand THB) Q1/2020 Q1/2019 Change(∆) %∆ Revenue by business units VFX 19,005 11,938 7,067 59.20% Game 4,138 3,539 599 16.93% Movie/Animation