for the period 16,889 29,536 20,538 (3,649) (17.8) Gross profit margin 22.6% 22.6% 22.4% 0.2% - Basic earnings per share (Baht/share) 0.04 0.07 0.05 (0.01) (17.8) Net profit margin 4.0% 7.3% 5.5% -1.5

2.67% Liabilities 309.33 283.75 25.58 9.01% Shareholders' equity 670.98 671.07 (0.09) (0.01%) Issued and fully paid-up common share (Million Share) 565.14 565.14 0.00 0.00% Par (Baht) 0.50 0.50 0.00 0.00

amortization 29.44 26.56 2.89 11% EBIT 30.85 27.19 3.66 13% Finance cost -5.87 -2.27 3.60 158% Income tax expenses -6.68 -3.90 2.78 71% Net income for period 18.30 21.02 -2.72 -13% Earnings per share (THB) 0.06

THB 1,386.0 Mn respectively, an increase of THB 917.4 Mn. This increase in shareholders’ equity was mainly derived from the share premium relating to the initial public offering at THB 955.4 Mn. Other

% Finance cost 35.09 41.36 6.27 17.87% Income tax expenses 37.04 42.24 5.20 14.04% Net profit 139.02 150.12 11.10 7.98% Net profit ratio (ROS) 19.92% 17.25% Earnings per share (Baht) 0.26 0.28 0.02 6.92

Profit (Loss) (16.93) (2.20) 14.73 669.55 Earnings per share (Baht per share) (0.0032) (0.0005) 0.0027 540.00 Net Profit (Loss) The Company and subsidiaries (Consolidated) realized net loss of 16.93

% 22.6% -1.7% - Basic earnings per share (Baht/share) 0.10 0.11 0.15 0.11 (0.01) (7.1) Net profit margin 4.8% 5.5% 7.6% 6.1% -0.7% - Page 2 of 6 The total revenues for the six-month ended June 30, 2019

%) Issued and fully paid-up common share (Million Share) 517.82 517.82 0.00 0.00% Par (Baht) 0.50 0.50 0.00 0.00% Management's Discussion and Analysis and operating results for the Quarter 1’ 2018 Page 5 / 6

“VGM Share Acquisition Transaction”) and to propose the same at the extraordinary general meeting of shareholders for consideration and approval. The Company would like to disclose additional information

tax expenses -5.80 -4.89 0.91 19% Net income for period 24.74 23.17 1.57 7% Earnings per share (THB) 0.08 0.08 0.00 0% FY 2018 FY 2017 YoY change YoY % change Unit: Million Thai Baht (THB) Sales and