revenue increased by 3.2% year-on-year. Sales and service income increased by 4.4% attributable to 6.7% increase in automotive parts businesses and 1.1% decrease in dealership businesses respectively. It is

881 Website: www.aapico.com Management Discussion and Analysis for the 3rd quarter of year 2018 2 Total revenue grew by 3.1% compared to last year, driven by higher sales from both automotive parts and

status for the Q2/2020 ended June 30, 2020 of the Company and its subsidiaries, as shown below: (Unit : Thousand Baht) Q2/2020 Q2/2019 Change %Change Revenue 255,560 229,355 26,205 11.43% Gross profit

Q1/2020 ended March 31, 2020 of the Company and its subsidiaries, as shown below: (Unit : Thousand Baht) Q1/2020 Q1/2019 Change %Change Revenue 212,967 236,732 (23,765) (10.04%) Gross profit margin

1H 2019 Increase/(Decrease) THB mm THB mm THB mm % THB mm THB mm THB mm % Total Revenue/1 2,023.4 3,074.1 1,050.7 51.9% 5,470.5 6,877.1 1,406.6 25.7% Total Cost 859.8 881.0 21.2 2.5% 2,388.2 3,495.2

considering more expansion of F&B business. The target revenue from food and beverage business is THB1,000mn within 2023. ( * source: Press Release no. 65/2019 from Bank of Thailand, 6 November 2019

generating revenue and earnings as on date given Figure 7: Repayment Schedule of Long Term Debt 1 Includes various projects underway which are not yet completed and have not yet started contributing to the

revenue increased by 20.3% year-on-year and reached Baht 8,197.2 million which is the highest revenue per quarter since the company has started the operation. Sales and service income increased by 20.7

derived from the management service income and the trading income which was recognized for the first time in year 2018. 2018 2017 Change % Change Revenue 1,672.58 1,580.25 92.32 6% Cost 1,509.05 1,335.73

. The operating results of the Company and its subsidiaries continued to improve, with total revenue and profit at baht 67,423.88 million and baht 6,176.59 million respectively, an increase of 2.08% and