Q1-2017 (THB 18,695/ton) due to the decrease in HRC market price worldwide and a stagnant of Thai economy in the first half of 2017 causes a lower demand of steel consumption. Management’s Discussion

million. This is a decrease from Q2/2019 by Baht 188 million or 17% and decreased from Q3/2018 by Baht 6 million or 1%. The main reason for the decrease in net profit for the company is mainly from the fall

behavior shifts OOH and online, so too will advertiser spending allocation. Hence, it is expected that advertising expenditures in the TV sector and traditional media to continue to decline and be surpassed

changes over the past few years. Traditional media such as television, newspaper, magazine and radio has been in steady decline, while Out-of-Home (“OOH”) and online/digital media have become the go-to

Summary for Q2’20 vs. Q2’19 OSP reported total revenue of THB 6,114 million, a decrease of 4.4% YoY, impacted by COVID-19 lockdown. The total revenue from sales decreased by 6.1% YoY to THB 5,909 million

reduce costs efficiently by sharing resources in the group, integration of distribution channels that reach consumers with the operating channels of the group, including the use of technology in the

2018 Q3 2019 Increase/ (Decrease) 9M 2018 9M 2019 Increase/ (Decrease) THB mm THB mm % THB mm THB mm % Total Revenue/1 1,756.9 2,244.3 27.7% 7,227.4 9,121.4 26.2% Total Cost 492.6 916.3 86.0% 2,880.8

75.9% compared to last year which were net loss of Baht 319.4 million. The operating results changed over 20%, main variances due to the following reasons: 1. Revenue from sales and services decrease

services decreased from Baht 251.67 million to Baht 218.19 million in the amount of Baht 33.48 million or a decrease of 13.30 percent. By adjusting the selling price decreases, such as the resale price of

Operating Results and Profitability (2.1) Revenues from Sales and Services Description Year 2019 Year 2018 Increase / (Decrease) Million Baht % of Total Revenue Million Baht % of Total Revenue Million Baht