projects to be launched by the government sector for the private sector’s bidding, both rail and expressway systems, which are the Company’s core businesses, including as the Company’s working capital. The

by the government sector for the private (Translation) 3 sector’s bidding, both rail and expressway systems, which are the Company’s core businesses, including as the Company’s working capital. The

-agricultural sector, which was partly supported by government measures. Although the number of overseas tourists was stable, there was a decline in the export sector which has been affected by the trade dispute

marketing communications business to government and private sectors in this quarter such as concert stage equipment rental, revenue recognition of the 2020 in Dubai, United Arab Emirates World Expo that

second quarter was THB 416 million increased by 14 % compared to the same period in the previous year. This because government budget incurred in second quarter. Gross margin in Q2/2018 from distributor of

in transit amounting to Baht 205 million. Pursuant to the Government announcement in the Government Gazette regarding to the revised Anti-dumping and Countervailing of Foreign Products Act, B.E. 2562

2019 (COVID-19), the Government sector has issued several Emergency decrees such as closing of border checkpoints, closing of department stores and prohibiting traveling across provincial areas. As a

number of tourists continued to decline since Chinese New Year, coupled with the government measures against the pandemic, e.g., inbound travel ban, department store closure and curfew, thereby causing

had to be closed according to government policy. But the company was able to adjust to its profitable operating results this quarter details as follows: Management Discussion and Analysis Q2/2020 Page 3

because the outbreak of the Coronavirus disease 2019 ( COVID- 19) in Thailand has continued to spread rapidly and widely and the government has requested cooperation from all sectors to refrain from