Services, 119.48, 22% Logistics, 85.47, 16% Q2/2019 Sea Freight, 151.01, 35% Air Freight, 193.11, 45% Cross Border Services, 0.00, 0% Logistics, 85.06, 20% Q2/2018 Page 1 of 5 Net profit for the three-month

higher freight cost from higher sales volume in CNF incoterm. However, selling expenses of 3rd quarter of 2018 slightly decreased 0.23 percent from the same period of last year, mainly caused by lower

2020 slightly decreased 9.55 percent from the same period of last year, due to the higher sales volume in FOB incoterm, resulting in decrease in freight charges. In the 2nd quarter of 2020, selling

in freight charges. Administrative expenses on 1st quarter of 2020 increased significantly 171.40 percent from the same period of last year, mainly due to loss on forward contract and administrative

from higher sale volume and higher freight cost from higher sales volume in CNF incoterm. Administration expense of 1st quarter on year 2018 decreased 8.65 percent from 1st quarter on year 2017, due to

Expenses of tax income 4.21 0.88% 5.03 1.30% (0.81) (16.19) Net income 9.08 1.89% 22.04 5.71% (12.96) (58.79) Profit sharing Attributed to the shareholders of the Company 11.65 2.42% 18.61 4.82% (6.96

0.25 (0.17) (68.00) Expenses of tax income 6.76 1.13 5.63 498.23 Income above expenses / Net income 27.87 9.84 18.03 183.23 Profit sharing Attributed to the shareholders of the Company 24.18 9.84 14.34

Ratio 2018 Ratio Increase / (Decrease) Amount Ratio Service income 2,220.88 100.00% 1,832.11 100.00% 388.77 21.22 Cost of service 1,868.61 84.14% 1,454.70 79.40% 413.91 28.45 Gross Profit 352.27 15.86

increased, resulting in increased costs and freight charges and the condition of the baht appreciation rate compared to the same period of the previous year. Gross profit The company has gross profit of

31 March 2020 Ratio 2019 Ratio Increase / (Decrease) Amount % Service revenue 646.34 100% 480.92 100% 165.42 34.40 Cost of service 531.42 82.22% 404.10 84.03% 127.32 31.51 Gross profit 114.91 17.78