. Thus, the details of the Company group can be described as follows: Management Discussion and Analysis, Q2/2019 Page2/4 Summary of Income Statement Unit: Million Q2/2018 Q2/2019 Change % Change 6M/2018

interest paid. According to the above mentioned reasons, the Company’s profit before income tax was 6.37 million baht. It decreased 8.77 million baht or equivalent to 57.90 % and after deducting corporate

brokerage income from reinsurers” total THB 520.10 million for the 2 nd quarter of 2019. This is an increase of THB 55.56 million (12%) relatively to last year figure. Nevertheless, underwriting profit has

Company recorded Baht 33.43 million loss on disposal of assets and Baht 11.73 million Income tax income (expense). Please be advised accordingly. Yours Faithfully, Prasertsak Suwanpotipra Managing Director

sales (300,548) (84.6%) (286,069) (80.7%) 14,479 5.1% Gross profit 54,511 15.4% 68,457 19.3% (13,946) (20.4%) Other income 3,847 1.1% 143 0.0% 3,704 2,590.2% Selling expenses (7,869) (2.2%) (7,445) (2.1

project management 195.2 4.7 280.0 8.4 84.8 43.4 Dividend income - - 0.3 - 0.3 100.0 Gain from transfer of right for land purchase and sale agreement 312.0 7.5 - - (312.0) (100.0) Gain on disposals of

was 0.96 times which reflect a capability for the Company to acquire more bad debt in the future. Summary of Revenues and Net Profit Q1/2017 Q1/2018 Change MB. % MB. % MB. % Services income from debts

from disposals of real estate 862.7 98.3 1,986.7 80.3 1,124.0 130.3 Revenues from project management - - 408.5 16.5 408.5 100.0 Other income 15.2 1.7 78.5 3.2 63.3 416.1 Total Revenues 877.9 100.0

the purchase of new land located on Rama 3 road. According to the above mentioned reasons, the Company gained profit before income tax amount of 175.66 million Baht. It has increased 155.97 million Baht

follows: Income Statement For the three-month ended March 31 Change Unit: Million Baht 2018 2017 Amount % Revenues from construction services and sales of construction materials 7,389.74 8,064.50 (674.76