26 July 2018 At: ACC/HO 021/18 Re: Management Discussion and Analysis for the three-month period and six-month ended 30 June 2018 To: President The Stock Exchange of Thailand The Thai economy

%. The increase was caused mainly by the income from the billboard rental service which had gross profit at a rate of 48.25 %. Other income in the 3rd quarter of 2018, when compared with the same period of

.(Dec.) % Inc.(Dec.) Services income 79.61 62.06 (17.55) -22.05% 190.09 126.87 (63.22) -33.26% Cost of rendering of services (56.68) (49.49) 7.19 -12.69% (133.67) (100.51) 33.16 -24.81% Gross profit 22.94

the unitholders or posted on the trustee’s web site, and when the money or assets have been deposited with the Deposit of Property Office. The consultation paper is available at the SEC web site

, after receiving report on suspicious activities. The SEC?s investigation and evidence found at the site indicated that during August 2009 ? February 2010, both companies had presented themselves on a

submit herewith explanation and analysis of the Management as follows. 1. Income, gross profit, net profit Unit : Million Baht 1. Income 2019 2018 2017 Increase (decrease) 2019-2018 1.1 Construction

recorded sales income in an amount of 7,974.52 million baht while the same period last year the Company recorded sales income, in an amount of 6,369.35 million baht, increase of 1,605.17 million baht or

performance Revenues Type of Revenue Jan-June 2018 Jan-June 2017 THB (m) % THB (m) % 1. HR Solutions 1.1 Human Resources and Payroll Outsourcing-services 119.48 46.98 109.78 46.89 1.2 Income from software and

Service income 148 2,428 (2,280) (94%) Sales income 60 744 (684) (92%) Total revenues 208 3,172 (2,964) (93%) Cost of services and sales (435) (1,965) (1,529) (78%) Gross profit (227) 1,208 (1,435) (119

household income were decreased, together with household debt that remained stay in high level, therefore it caused the decrease of household sector’s purchasing power continually. While the investment of