from the previous year or 1,762.50% 2 When comparing the financial statements for the 9 months period of the Company's income and operating results are as follows. NCL International Logistics Public

million or 1.8% primarily from the increased of income tax payable of Baht 22.61 million resulting to the interest-bearing debts to equity ratio and debt to equity ratio was decreased to 0.23 and 0.29

) (11.69 ) 18.76% (28.81%) (21.06%) Tax income (expense) (2.69 ) (0.26 ) 2.43 (934.62%) (1.53%) (0.09%) Profit (loss) for the period (88.43 ) (259.81 ) 171.38 65.96% (50.34%) (87.81%) Other Comprehensive

Q3.2018 Amount % Revenue from sale – net 332.26 359.55 -27.30 -7.59% 331.64 358.87 -27.22 -7.59% Gain on exchange rate 0.66 -0.44 1.09 N.A. 0.66 -0.44 1.10 N.A. Other income 6.87 9.97 -3.10 -31.05% 5.96

Financial cost (0.31) (0.06) (0.69) (0.15) 0.38 (54.95) Profit (loss) before income tax expenses (32.74) (6.05) (31.11) (6.59) (1.62) 5.52 Income tax (expense) revenue 5.65 1.04 (7.33) (1.55) 12.98 (177.07

Profit before finance costs and income tax 286.02 6.2 384.52 7.7 -98.50 -25.6 Finance costs 64.43 1.4 76.47 1.5 -12.04 -15.7 Profit before income tax 221.59 4.8 308.05 6.2 -86.46 -28.1 Income tax expenses

214 14% 191 11% 23 12% Finance cost 23 1% 28 2% (5) (18%) Income tax expenses 24 2% 29 2% (5) (17%) Selling expenses Selling expenses for the first quarter of 2020 and the selling expenses to revenue

ZMICO for the first quarter of 2020 and 2019 were as follows:- Unit : Million Baht 2020 2019 Net securities business income 306.97 261.18 Operating expenses (258.41) (273.01) Corporate income tax – income

) (191.90) 4.29 4.58 (0.29) (6.33) Financial costs 1.52 1.17 0.35 29.91 4.29 2.26 2.03 89.82 Tax (income) expenses (0.42) 0.13 (0.55) (432.08) 0.42 (1.90) 2.32 (121.11) Net profit (Loss) (7.79) 5.98 (13.77

Gross profit 98.77 56.14 48.74 56.88 50.03 102.63 Other income 0.08 0.04 3.77 4.40 (3.70) -98.01 Earnings before expenses 98.85 56.18 53.52 62.45 45.33 84.70 Administrative costs and management