Osotspa Public Company Limited Q4’18 and FY18 Management Discussion & Analysis 27 February 2019 Q4’18 and 2018 Management Discussion & Analysis Page 1/7 Financial Highlights - Q4’18 Net profit* was

(6,722) (5,037) (1,685) 33.5 Profit for the period 18,447 11,110 7,337 66.0 27,524 20,425 7,099 34.8 Gross profit margin 22.6% 23.6% (1.0%) 22.4% 23.6% (1.2%) Selling and distribution expenses per net

investments in subsidiaries and associated companies For year 2018, the Company and its subsidiaries had total revenue of 1,512.27 million baht, an increase of 141.05 million baht or 10.29 percent, with the net

some advertising and promotion transactions to impact on total sales reduction and also selling expenses reduction. However, there is no impact on net profit. o CMG : TFRS 15 set a principle to recognize

: Adjusting some advertising and promotion transactions to impact on total sales reduction and also selling expenses reduction. However, there is no impact on net profit. o CMG : TFRS 15 set a principle to

sales decreased 23% YoY.  The Company and its subsidiaries achieved positive turnaround performance for the first time in 8 quarters. The Company and its subsidiaries recorded net profit of Baht 0.6

clarifies the performance as follows: During the first quarter of 2020, the Company had the total revenue and share of profit and net profit of THB 1,277.8 mm and THB 99.3 mm, respectively. If excluding FX

September 2018 2019 Net Number of New Branches Opened (1) (Branch) 2 44 Number of Equity Branches at Period End (1) (Branch) 104 154 Number of Franchise Branches at Period End (Branch) 138 154 Sales from

ิ(net position) ของหลกัทรัพยร์ายตวั • long หุน้ B = 2,500 ลบ. • short option บนหุน้ B ไมค่ดิ LER วธิทีี ่1 • long หุน้กู ้B = 500 ลบ. • long หุน้ C = 3,000 ลบ. • long หุน้กู ้C = 1,000 ลบ. 2. เทยีบ net

ended 31st December 2018 of the Company and its subsidiaries as details below: (Unit: Baht millions) 1. Operating Performance For the period of three months ended 31st Dec 2018, the net profits for the