No. DIGI 028/2018 14 November 2018 Subject: Management Discussion and Analysis - Explanation of net profit (loss) for the three-month period ended September 30, 2018. To: The President of Stock
control expenses and management expenses are efficiency. Finance cost are decreasing 22.14% from debt are decreasing from last year. The Company had net profit for the period Baht 7.61 million increased in
decreased 17.86% from last year from liability decreased too. The Company had net loss for the period Baht 2.58 million decreased in compared to last year which achieved net loss Baht 2.81 million equal 8.18
acquisition proportion x 100 NTA of BKD N/A Cannot calculate because HECH was established on January 18, 2019 and has no financial statement 2. Net Profit % x Net profit in the acquisition x 100 Net profit of
31 December 2019 to ending on 31 December 2021 must have a net profit (excluding special items) amounting not less than 100,000,000 per year (the “Second Share Purchase Condition”). The payment for and
Issued Ordinary Shares of the Company under the Debt to Equity Conversion Scheme. 5. After the Partial Repayment in 2. and the Trade Debt reduction in 4., the Company’s net outstanding debt before the debt
will hold NDR’s ordinary shares for 20.31% of paid representative, Mr. Dato’ Marco Low Peng Kiat ( transaction equals to 510,920,000 THB more than 20,000,000THB and more than 3% of net tangible assets
underwriting amounted to Baht 7.95 million, an increase of Baht 16.08 million, as the ratio of net claims (less claim recovery from reinsurers) over earned premium during the same period last year decreased from
consolidated financial statement, the Company booked a net loss amounting to Baht 16.36 million, representing an increase in a net loss of Baht 0.52 million or 3.25% from a net loss of Baht 15.84 million booked
and Service 494.92 368.98 125.93 34.13% Total Revenue 497.71 371.79 125.91 33.87% Net Profit for the Period 98.53 54.37 44.16 81.23% Net Profit for Shareholders of the Company 80.46 46.88 33.58 71.62