respective rate applicable to each offshore subsidiary's base currency. Payout Analysis No dividends were paid in Q120 or Q119. Financial Status Net Cash reserves and financial investments were THB 9.4 billion

demand in the market. Excess production in China caused extra problems as the local production could not be shipped out due to pandemic, resulting into an intense competition and price in China. For

1 1. ANALYSIS OF FINANCIAL PERFORMANCE In Q1/2018, East Water Group had total consolidated sales and services income of 1,045.39 million Baht, decreased by 117.85 million Baht or 10.13% compared to

“we” or “our” or “us”) would like to inform management discussion and analysis for its results of operations from the consolidated financial statements for the years ended December 31, 2019 as follows

“Company” or “we” or “our” or “us”) would like to inform management discussion and analysis for its results of operations from the consolidated financial statements for the nine months period ended Sep 30

East Coast Furnitech Public Company Limited (“ the Company” ) would like to report on Management Discussion and Analysis from the Separate and Consolidated Financial Statements of the 2nd quarter and 6

percent base on the net tangible asset basis, calculated from the latest audited consolidated 9-month financial statements ending 30 September 2017 of the Company, as such the highest transaction value of

financial statements for the three-month period ended September30, 2019. The Group's sales and net profit totaled Bt3,088.3 million and Bt255.1 million, respectively, compared to Bt3,690.4 million and

1 1. ANALYSIS OF FINANCIAL PERFORMANCE In 2018, East Water Group had total consolidated sales and services income of 4,220.99 million Baht, decreased by 87.05 million Baht or 2.02% compared to 2017

in order to be sufficient for production in a longer period. Restricted deposits at financial institutions decreased by Baht 240.0 million, which are deposits with financial institutions as collateral