focus on reduction of expense of the company. Even though there was a compensation and early retirement payment in 3rd quarter, the company still has lower expenses compare to 2018. 5. Management benefit

and taxes 12.93 11.44 5.91 7.86 (7.02) (54.29) Finance Cost 0.88 0.78 0.71 0.94 (0.17) (19.32) Profit before income tax expenses 12.05 10.66 5.20 6.92 (6.85) (56.85) Income tax expense 0.87 0.77 0.25

second quarter ended June 30, 2020 which the details are as follows: Unit: million Baht For 3-month period (Apr-Jun) 2020 2019 Change % Increase (Decrease) Revenue from sale of goods 128.52 164.02 (35.50

2020, the Company had administrative expenses by THB 46.51 Million which increased by THB 4.79 Million or 11.48% compared with the same period of the last year because the staff expense, research and

and its subsidiary for the third quarter ended September 30, 2019 which the details are as follows: Unit: million Baht For 3-month period (July-Sep) 2019 2018 Change % Increase (Decrease) Revenue from

Table 1: Overall Financial Performance Unit: million baht Jan-Sep 2018 % Jan-Sep 2019 % Change % YoY Revenue 380.50 100.0% 440.78 100.0% 60.28 15.8% Cost 217.33 57.1% 238.03 54.0% 20.70 9.5% Gross Profit

mpany’s net Company’s 7 showed a 016 at 31.5 subsidiary ails on the Change MB 870.3 13 584.6 77 136.3 35 1,591.2 21 874.0 16 172.3 63 101.7 31 443.2 31 % 3.8% 7.9% 5.3% 1.3% 6.0% 3.7% 1.4% 1.9% Sale Sell

(%) 62.6% 58.7% (3.9%) EBITDA margin (%) 26.4% 31.5% 5.1% Net profit margin (%) 5.9% 6.6% 0.7% Number of branches as at March 31 39 39 0% Change +/(-)Q1/20 Q1/21 Operating highlight in Q1/2021 Revenue

, Q1 2019 Q1 2018 YoY change YoY % change Unit: Million Thai Baht (THB) Sales and service income 296.06 252.16 43.90 17% Other income 0.70 1.37 -0.66 -49% Total revenues 296.76 253.53 43.24 17% Cost of

MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 MARCH 2018 SG&A expense against only 1.5mTHB consolidated EBITDA contribution, since the acquisition was completed only at the very end of the quarter