Public Company Limited and its Subsidiaries Management’s Discussion and Analysis for the year ended 31 March 2020 Executive Summary Thai Economy in the first quarter of 2020 happened into recession due to

comes from these following reasons; - Sales of units in condominium projects decreased by 1,545.50 million baht or 74.98% from 2,061.32 million baht in 2016 to 515.82 million baht in 2017 due to the

following reasons; - Sales of units in condominium projects increased by 2,043.43 million baht or 73.46 % from 2,781.83 Million baht in 2017 to 4,825.26 million baht in 2018 due to the transfer of new 4

reasons; - Sales of units in condominium projects increased by 1,094.02 million baht or 212.09% from 515.82 million baht in Q2/2017 to 1,609.84 million baht in Q2/2018 due to the transfer of new 3 completed

period of the previous year due to 1.1 Revenue from sales of 3.86 million baht, a decrease of 3.23 million baht or 45.61 percent due to ceiling fans and lamps that the company has are obsolete products

of 122.79 million baht, a decrease of 103.79 million baht or 45.81% compared to the same period of the previous year due to: 1.1 Revenue from Sales of 6.25 million baht, a decrease of 4.09 million baht

year due to the Company and its subsidiary received orders from customers in this period decreasing from the same period last year. Other Revenue was 4.71 million Baht, decreased 0.62 million Baht or

1. Total sale revenue and service was 128.82 million Baht, decreased 658.90 million Baht or 83.65% from the same period last year due to the Company and its subsidiary received orders from customers

million, decreased by THB 17.86 million or -6.50% YoY. This was due to the decline in average user spending on digital content services. The main reason for the decline in user spending was the economic

progress but not yet due to make payments for goods and services according to the credit term. As a result, trade accounts payable increased. Unbilled payables increased by 100.5 MB, representing an increase