mainly from trade accounts receivable and unbilled receivables. The quality of assets Trade account receivables Unit: Million Baht Consolidated financial statements 31 December 2019 31 December 2018 Trade

August 15, 2017 Subject: MD&A for the financial statements of the 2nd quarter of fiscal year 2017 ended as of June 30, 2017 To: The President The Stock Exchange of Thailand Aapico Hitech Public Company

2016 Consolidated Financial Statements The net profit of the Company and subsidiary companies decreased 1,113.91 million THB or 51.19% i.e. from 2,176.23 million THB to 1,062.32 million THB. It was

) AAPICO HITECH PUBLIC COMPANY LIMITED Ref No: AH 01032020 March 3, 2020 Subject: Management Discussion & Analysis (MD&A) for the financial statements of fiscal year 2019 ended as of December 31, 2019 To

. The decrease was mainly from trade accounts receivable, unbilled receivables and inventories. The quality of assets Trade account receivables Unit: Million Baht Consolidated financial statements 31

due to the lower trade accounts receivable. 4 The quality of assets Trade account receivables Unit: Million Baht Consolidated financial statements 30 June 2019 31 December 2018 Trade account receivables

www.aapico.com บริษัท อาปโก ไฮเทค จํากัด (มหาชน) AAPICO HITECH PUBLIC COMPANY LIMITED Ref No: AH 03082019 August 14, 2019 Subject: Management Discussion & Analysis (MD&A) for the financial statements of the 2nd

audited financial statements, including the consolidated financial statements of the Company and its subsidiaries for the six-month period ended 30th June 2019. The Company reported consolidated net profit

the increase of trade receivables and unbilled receivables. The quality of assets Trade account receivables Unit: Million Baht Consolidated financial statements 31 March 2018 31 December 2017 Trade

Income decreased Baht 37.90 million or 26.20% from the corresponding period of the previous year. The Statements of Financial Position as of September 30, 2019 has changed from December 31, 2018 as follows