prepare and submit financial statement and key financial ratio for year 2023 within the period specified by the notification of the Capital Market Supervisory Board resulted from the instruction or the

for WHAUP’s failure to prepare and submit the key financial ratio for the year 2023 through the transmission system of the SEC Office as prescribed by the Notification of the Capital Market Supervisory

(“CPF”), shall be liable for CPF’s failure to prepare and submit the key financial ratio for the year 2023 through the transmission system of the SEC Office as prescribed by the Notification of the

for WMA’s failure to prepare and submit the key financial ratio for the year 2023 through the transmission system of the SEC Office within the period specified in the notification of the Capital Market

year 2024 (2) the key financial ratio for the year 2024 (3) the financial highlight for the year 2024 (4) the financial covenants for the year 2024 and (5) the annual report for the year 2024 (Form 56-2

Public Company Limited Management’s Discussion and Analysis Performance for the Period Ended December 31, 2018 Financial Ratio Analysis Profitability Ratio Unit Jan – Dec 2018 Jan – Dec 2017 Gross Profit

freight saving. This does not have any impact on regional or consolidated EBITDA. 4Core EBITDA is Reported EBITDA less inventory gains/(losses) 5Core EPS is Reported EPS less inventory gains/(losses) less

increased overall average operating rate of 86%. Higher freight rates positively impacted sales price in our respective domestic markets. This translated into an overall Fibers Core EBITDA growth of 23% QoQ

value gains (losses) and other income totally increased by 16.9 million Baht, net claim expenses (less claim recovery from reinsurers) however rose by 33.32 million Baht. The ratio of net claim expenses

million Baht as earned premium and commission and brokerage income from reinsurers increased by 4.66 million Baht. The ratio of net claim expense over earned premium over the same period last year moreover