margin in the corresponding - Translation - Page 3 of 7 period last year. The decrease in gross profit margin was due to decrease in gross profit margin of branded products by 3rd party’s manufacture

performance of the Group Unit: Million Baht Q2’ 2019 Q2’ 2018 Increase (decrease) Variance (%) Total revenues 1,729 1,821 (92) (5%) Net profit 70 170 (100) (59%) The Group’s total revenues for the second

Second Quarter of 2020 1. EXECUTIVE SUMMARY WHAUP finished our Second Quarter of 2020 with a Normalized Net Income of Baht 177.7 million, a 74.4% decrease from 2Q2019 while Net Profit of Baht 317.4 million

with the decline in fees from transaction services caused by the exemption of transaction fees via digital channels. The decrease in non-interest income also came from lower gains on investments, while

, private consumption and tourism. Both private and public investments remain largely at stable levels whilst consumer spending is constrained due to high household debt levels, decline in agricultural

exports which rose by 5.3% YoY as well as continued recovery in private consumption which expanding by 3.1% YoY. Nevertheless, Thailand's advertising industry reported a decline of 6.0% YoY to THB 101,445mn

repaid. (9) Statements of Comprehensive Income Profit for the year 2019 amounted to 34.8 million baht but when compared with last year’s profit, 119.4 million Baht, the total decrease is of 154.2 million

1.7% QoQ as the cost of utility started to decrease offset by increased NT’s partnership cost and maintenance costs. • Regulatory fee was at Bt1,369mn, a decrease of -0.4% YoY and -1.8% QoQ. The

a consolidated net profit of THB 551 million, a decline of 18% QoQ and a decline of 75% YoY. Net profit attributable to owners of the parent was THB 370 million, and earnings per share was THB 0.27

Baht 971 million and earnings per share of Baht 0.49 a decrease of 10% when compared to the previous year. The Company would like to clarify the reasons for the change in profits for 2019 compared to the