10 Net Profit (Loss) owners of the parent (30.14) (13.22) (16.92) 127.99 Unit : Million Baht 2 1. Analysis of results of operations. 1.1 Income In Quarter 1-2018 the Company and its subsidiaries had

’ salaries, over time, fuel and depreciation. In addition, the Company’s subsidiaries’ expenses of employees were Baht 3.70 million but its subsidiaries has not yet started its operations. (6) Share of profit

-1- AIT (VP-SEC) 024E/2018 November 6, 2018 Subject: Management's Discussion and Analysis of Operating Results for Q3–2018 To: The President of The Stock Exchange of Thailand Summary of Operations Q3

S&P MD&A Q3_2018-ENG -1- Ref. POL. 119/2018 November 09, 2018 Re: Clarification of the Performance of S & P Syndicate Public Company Limited Dear The President The Stock Exchange of Thailand S & P

74000,Thailand. held by BGP Spectrum ( representing 90 percent of PCCA’ s registered capital) , whereby the Subsidiary shall pay for the transfer of the entire business in the amount of THB 297,000,000 in

applying for credit facilities from financial institutions for use as its working capital for business operations. As of September 30, 2018, the Company’ s interest-bearing debt to equity ratio was merely

significant transactions constituting acquisition or disposal of assets and the announcement of the Stock Exchange of Thailand Re: Disclosure and the operations of listed companies in the acquisition or

: Thousand Baht) Consolidate F/S Q3/2019 Q3/2018 Δ% Q2/2019 Δ% Q1/2019 Δ% Revenues from sales and services 508,737 534,355 -5% 484,581 5% 489,694 4% Interest income 1,881 100 1,781% 2,381 -21% 2,184 -14% Gain

) Better cost control, productivity improvement and volume increase leading to higher gross profit margin. 2) Better performance from Portugal and China operations. Portugal and China operations generated

-1- AIT (VP-SEC) 025E/2023 August 10, 2023 Subject: Management's Discussion and Analysis of Operating Results for Q2-2023 To: The President of the Stock Exchange of Thailand Summary of Operations Q2