Year of 2018 WHAUP finished our 2018 with the record high Net Profit of Baht 2,251.9 million, a 13.7% increase from 2017 with Normalized Net Profit of Baht 2,267.8 million, a 61.2% increase from 2017. 1

achieve a higher gross profit (GP). Page 4 of 7 Management Discussion & Analysis Q2/2024 Revenue from services and corporate continues to grow steadily, with a relatively high gross profit (GP). Revenue

, which had high gross profit margin, was completed in 2016. Retail business In 2017, the Company has gross profit of Baht 923 million, which is increased by Baht 208 million or 29% compared to the gross

9518.81% of gross profit for the same period last year and in Q3/2020 there was a gross profit. Cross-border land transport was 37.33 million baht, an increase of 837.81%, with a relatively high gross

the same period of the previous year. This was because revenues from high gross profit margin increase such as personal loan business. Selling and Administrative Expenses Analysis and Operating Profit

Company’s recorded a high net profit of 3,506 million baht, an increase of 540 million baht or 18% from the previous fiscal year, and earning per share was 14.03 baht per share. The increase was mainly from

of cost due to economy of scale by producing in larger quantities, and the more skill acquired from the new machines to produce high- end products, which have higher profit margin than existing

acquired from the new machines to produce high- end products, which have higher profit margin than existing products; resulting in higher gross margin for Company. Although, in 2017, the group has an income

increased by 1% yoy even though high revenues growth of 13% and improved in gross profit margin. However, the slight increase in the consolidated profit was due to extra accounting expense for the amount of

. Trading business had revenue in Q3/2019 Bath 19 million at the high level of gross profit margin 21.1%. Selling and administrative expenses Selling and administrative expenses increased Baht 2 million due