investigation revealed that  Phaibul while served as UMS Chairman and executive director, Pongsachalerm as director and executive director and Chaiwat as managing director and executive director, had sold UMS

1,526 1,369 11 - 2 - Cost of Sales and Services 424 361 17 1,224 1,120 9 Selling and Administrative Expenses 44 32 38 130 130 - Finance Cost 5 6 (17) 15 21 (29) Net Profit 54 51 6 142 103 38 Financial

shareholders’ equity was attributed to increase in net profit during the period. Please be informed accordingly, Yours sincerely, (Mr. Maetup T.Suwan) Managing Director Page 5/5

to make a profit from the operation. Please be informed accordingly, Sincerely yours, Vee Worasakyotin Managing director

2017 as follows: Profit and Loss Statement Total Revenue The company earned THB 200.5 mn in Q2/2017, decrease from the same period in last year amounting to THB 18.6 mn by 8.5% can be summarized as

year. Other income for Q2, 2019 are 0.66 million baht which comparable to 0.84 million bath last year with no significantly transaction changes. 2. Cost of sale , Profit margin For Quarter2 of the year

Total Revenues 298.22 347.18 (48.96) (14.10) 7 Total expenses 334.31 363.17 (28.86) (7.95) 8 Profit(Loss) before income tax (36.09) (15.99) (20.10) 125.70 9 Net Profit (Loss) (34.94) (17.92) (17.02) 94.98

recorded income incurred from deferred tax for the amount of THB 28.6 million. The net amount after amortization was 27.6 million in the first 6-month period of 2017 Operation : Consolidated Profit & Loss

. . . . . . Gross profit . . . . . . Other income . . . . . . Profit before expenses, finance cost and taxes . . . . . . Distribution costs . . . . . . Administrative expenses . . . . . . Profit before finance cost

สรุปผลการดำเนินงานของบจ -Translation- February 13th, 2019 Subject: Management Discussion and Analysis for Quarter 1/FY2019 To: Managing Director The Stock Exchange of Thailand Inoue Rubber ( Thailand