management. Based on the Company's financial statements for the 9 months ended September 30, 2018 The Company had a net profit of 2. 98 million Baht or 0. 34 percent of revenues from services, which increased

1 / 6 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS • Explanation and analysis of financial performance for the three-month period ended 30 September 2019

materials have been effected from the weather condition making company unable to produce and export full capacity.The end to 2022, the company has prepared more than raw materials in advance in order to

), or 94.68% of sales revenue which decreased from 95.10% of sales revenue in the last year. The gross profit margin increased from 4.90% in the year 2018 to 5.32% in the year 2019. The increased of gross

changed in revenue and net profit compared with same period of last year as follows: Statement of Comprehensive Income (Unit : Million Baht) Details 31 Mar 2020 31 Mar 2019 Increased (Decreased (%) Revenues

52 60 74 (14) -19% 98 113 129 (16) -14% Administrative expenses 33 33 55 (23) -41% 61 61 84 (23) -27% Profit for the year 167 167 145 22 15% 156 156 147 8 6% Profit (loss) attributable to Equity

1 / 3 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS  Explanation and analysis of financial performance for the three-month period ended 31 March 2019

performance of the Group Unit: Million Baht 2019 2018 Increase (decrease) Variance (%) Total revenues 6,797 8,080 (1,283) (16%) Net profit 331 526 (195) (37%) The Group’s total revenues for 2019 amounted Baht

performance of the Group Unit: Million Baht Q2’ 2019 Q2’ 2018 Increase (decrease) Variance (%) Total revenues 1,729 1,821 (92) (5%) Net profit 70 170 (100) (59%) The Group’s total revenues for the second

performance of the Group Unit: Million Baht Q3’ 2019 Q3’ 2018 Increase (decrease) Variance (%) Total revenues 1,701 1,875 (174) (9%) Net profit 112 137 (25) (18%) The Group’s total revenues for the third