: million Baht) For 9 months, end of September 30, 2020 Financial Statement Consolidate financial statement % Revenue from sales Q3/2020 Q3/2019 increase(decrease) Q3/2020 Q3/2019 Revenue from sales 117.39

Board 2/2018 on February 22, 2018 has been approved the financial statements for year ended 31 December 2017. The basis for Qualified Opinion cause the effects of adjustment, if any, did not observe the

แผนการเงินของ บริษัท จุฑานาวี จำกัด (มหาชน) และบริษัทย่อย 14th August 2018 Subject: Report on Reviewed Financial Statements for the Second Quarter ended 30th June 2018 To: Vice President - Listing

, a 89.8% decrease from 1Q2019. (Unit : Million Baht) Consolidated Financial Statements 1Q'20 1Q'19 % Change Total Revenue 430.3 459.4 -6.3% Gross Profit 136.5 183.4 -25.6% Normalized Share of Profit

last year which was 36.1%. The lower in gross profit margin came from the reason that the Company firstly adopted the Thai Financial Reporting Standard No. 15, subject to Revenue from Contracts Made with

its parent company Asian Insulators Public Company Limited (AI) to cooperate with their auditors for the audit of the companies’ annual financial statements 2015 after the auditors had issued a

of the companies? annual financial statements 2015 after the auditors had issued a disclaimer and expressed a qualified opinion on the said financial statements because the scope of the audit was

) 729.9% Gross profit 426.3 446.0 463.1 3.8% 8.6% 1,200.9 1,337.0 11.3% Net gain (loss) on exchange rate (7.3) (58.6) 37.6 N.A.(>100) N.A.(>100) (83.2) 91.2 N.A.(>100) Gain from business acquisition - - 2.2

Ref: CIG 020/2020 June 11, 2020 Subject: Profit and loss reporting for the first quarter of 2020 and explanation of more than 20 percent fluctuation in profit and loss compared to that of last year

profit margin was mainly in related to differences in product mix as compared to previous year. 3. Selling and Administrative Expenses For the third quarter of year 2017, the Company’s SG&A expenses was Bt