The Results of the Comsolidated Financial Statements Clarification on Percentage of Change More Than 20% The consolidated financial statements of Nation International Edutainment Public Company

greater proportion than the reduction in costs of sales, which includes fixed expenses. In addition, the proportion of take-home products, which have a higher average cost than sit-in products, increased in

is the main customer of the company resulted in non-achievable to the sale target. Other incomes for 2019 are 2.86 million baht with no significantly transaction changes. 2. Cost of sales , Profit

/2017 and Q3/2016 in which generate constant growth of revenue and can be summarized as following table. Description Total Revenue (MB) Y-O-Y Change Increase/(Decrease) Note Q3/2016 Q3/2017 Sales 248.3

input cost to the price of the products. Anyway, the economic recession threatens to the price structure that the company can not specify the price change with the corresponding changes of cost

: Million Baht) Consolidated financial statements Q2’ 2020 Q2’ 2019 % Change Sales and Service Income 333 511 -35 Other Revenue 8 4 100 Less Cost of Sales and Services 276 412 -33 Selling and Administrative

. (Source : BOT Press Release No.19/2019 on Monetary Policy Report, March 2019/EIC Outlook quarter 1/2019) Performance Analysis Unit : MB For the period ended Change 31 March 2019 31 March 2018 MB % Net sales

POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION 9M'2016 9M'2017 % change million Baht million Baht y-on-y Cost of sales and services Natural gas 12,324 13,723 11.3% Cost of electricity- Vietnam 792 793 0.1

received from current investment. 2. Cost of sale , Profit margin In Q2/2017 the company had cost of sale Baht 82.97 million compare with the same period of previous year amount to Baht 68.01 million

following table. (Unit: Million Baht) Q2/2016 Q2/2017 Y-O-Y Change Increase/(Decrease) Note Sales Revenue 213.2 196.4 (7.9%) The company's sales revenue for Q2/2017 was THB 196.4 mn and classified from the