profit of Baht 6 million; an increase of Baht 68 million in term of profit compared to Q2/2019, which has a net loss of Baht 62 million. According to the declining of contract revenue, most major projects

subsidiaries recorded net profit of 2,201.39 million baht while the same period last year the Company and its subsidiaries recorded net profit of 2,313.88 million baht, decreased of 112.49 million baht or

electrical equipment, while revenue from sale telecommunication tower decrease due to the communication system 4G end of the investment. 2. Gross profit: The total gross profit of the year 2018 was Baht 460.41

the Third Quarter of 2018 WHAUP finished our 3Q2018 with a Net Profit was Baht 631.1 million, a 10.7% increased from 3Q2017 with Normalized Net Profit of Baht 577.4 million, a 28.2% increased from

year. The increase in the overall gross profit margin was mainly driven by the reversal of provision for obsolete and slow-moving inventory, the increase in house brand revenue contribution in

wishes to submit herewith explanation and analysis of the Management as follows. 1. Income, gross profit, net profit Unit : Million Baht 1. Income 2019 2018 2017 Increase (decrease) 2019-2018 1.1

businesses since we focus on expanding customer base with business expertise • Overall gross profit margin increased from 9.8% to 11.3% amount Baht 45 million. 2019 2018 Change % Change Revenue 1,839 1,673 167

) Gross Profit 21,357 27,407 (6,050) (22.07) Reversal of provision for doubtful accounts 4,712 - 4,712 100.00 Other income 801 3,376 (2,575) (76.27) Profit before Expenses 26,870 30,783 (3,913) (12.71

Limited and its subsidiaries for the six-month period ended 30 June 2019 represented a loss before the provision for doubtful accounts and impairment of assets of Baht 68.20 million. Inclusive of the

Limited and its subsidiaries for the nine-month period ended 30 September 2019 represented a loss before the provision for doubtful accounts and impairment of assets of Baht 87.58 million. Inclusive the