period last year. The company’s profit from continuing operations was THB 11,105 million, increased byTHB 3,571 million from the same period last year, and the profit margin for the year ended December 31

.) The revenue from sales decreased 9% compared with the same period mainly from lower sales volume, while cost of sales were decreased 10% resulting in the gross margin increased 1%. By the first quarter

(LOSS) FOR THE PERIOD 4,356.00 5,469.00 (20.35) Gross profit margin (%) 37.86 37.45 1.10 Net profit to total revenue (%) 9.92 10.18 (2.61) -2- Baan Rock Garden Public Company Limited 601 Ramkhamheang 39

, accounting and finance system, IT system, water and cleaning services (fees are varied by actual consumption). Pricing Criteria: Fee is calculated from cost of system and personnel plus margin, which is

which focuses on projects with the government. 2. The Group has cost of sales in the first quarter of 2020 in the amount of 20.40 million baht and the gross profit margin (Gross Margin) in the first

3,938.00 2,428.00 62.19 Gross profit margin (%) 39.25 37.02 6.03 Net profit to total revenue (%) 9.15 7.17 27.68 -2- Baan Rock Garden Public Company Limited 601 Ramkhamheang 39 Pracha-Uthit Rd

Million Baht 2020 2019 Sales 1,756.01 1,684.73 Cost of Sales 1,475.46 1,586.07 Gross Margin 280.55 98.66 Gain (loss) on exchange rates (23.34) 21.83 Other Incomes 27.64 4.97 Total Revenues 1,783.65 1,711.52

Million Baht 2020 2019 Sales 1,879.42 1,748.29 Cost of Sales 1,570.97 1,636.11 Gross Margin 308.45 112.18 Gain (loss) on exchange rates 101.34 38.44 Other Incomes 10.12 33.76 Total Revenues 1,990.88

10.5% Gross Profit Margin (%) 11.1% 12.1% -1.0% SG&A expenses 392 390 2 0.6% Loss on exchange rate 4 0 4 N/A EBIT before share of profit (loss) from investment in associates and joint venture 435 438 -3

32% EBITDA 96 135 41% 177 248 40% Net Profit (Loss) for the Company 43 73 70% 77 127 65% Gross Profit Margin (%) 64.2% 66.5% 2.3% 64.1% 66.5% 2.4% EBITDA Margin1 (%) 31.8% 35.5% 3.7% 31.1% 34.3% 3.2