which had been reviewed by the independent auditor as follows: 1. Summary of the Company’s operating results 2. Analysis of the consolidated financial performance 3. Analysis of the consolidated financial

East Coast Furnitech Public Company Limited (“the Company”) would like to report on Management Discussion and Analysis from the Separate and Consolidated Financial Statements of the 1st quarter ended 31

2020 which had been reviewed by the independent auditor as follows: 1. Summary of the Company’s operating results 2. Analysis of the consolidated financial performance 3. Analysis of the consolidated

value is derived from this method of calculation, whereby the calculation is based on the Company’s reviewed consolidated financial statements as of 30 September 2017. When combining with the transaction

transaction based on the criteria under the Notifications on Acquisition or Disposal of Assets and based upon the 3-month interim consolidated financial statements ended 31 March 2020 of the Company, reviewed

total asset value per the Company’s consolidated financial statements reviewed by the certified public accountant, ended September 30, 2018, the highest transaction value shall be equal to 14.72 percent

million baht), the remaining debenture debt in the amount of 625,000,000 Baht (Six hundred Twenty Five million baht) in the consolidated financial statements. However, Subsidiary Company will subrogate the

% Y o Y - 1 7 % Y o Y -10% YoY Page 3  Domestic Contract Manufacturing (CMG) sales increased by c.35% YoY, supported by new products launch, growth from some existing products as well as change of the

and new packaging launch in Q3/2017 as well as new products launch in the second half of this year; 3) CMG sales, supported by new products and new customers following the Company’s diversification

2019. In addition, Combined Electricity and Power Company Limited (CHPP) had a slight decrease of Baht 2 million due to the fall in revenue from solar panel installation services. Source of Fund for