Analysis (MD&A) 3 Q2/2020 Operating Results Overall operating results of the Company and its subsidiaries (unit: THB million) Q2/19 Q1/20 Q2/20 change +/(-) 6M/19 6M/20 Change +/(-) YoYYoY QoQ Operating

derives in Philippines. Details are as follow: Buyer (Remained No Change) Cal-Comp Electronics (Philippines) Inc. (“CCPH”), a wholly-owned subsidiary of the Company Seller (Remained No Change) Kinpo

of March 31, 2024, which can be summarized as follows: 1) Profit & Loss Analysis : Q1 2024 (3 Months) (Unit : Million Baht unless otherwise stated) Q1 2024 Q1 2023 Change Amount % Change Total Revenues

employment contract to customer on project and UWC has more invested with affiliate company of 8.62 Million Baht and more fixed asset of 116.91 Million Baht thus decline depreciation of 59.42 Million Bath and

percent compared to year 2015, due to decrease of salary, employment benefit, doubtful accounts, fees and other administrative expenses which are in line with the Company’s organizational management as

increase of salary, employment benefit, doubtful accounts, fees and other administrative expenses which are in line with the Company’s organizational management as aforementioned details. 5. Finance Costs

employment contract to customer on project and UWC has more invested with affiliate company of 7.27 Million Baht and more fixed asset of 139.95 Million Baht thus decline depreciation of 94.49 Million Bath and

employment contract to customer on project and UWC has more invested with affiliate company of 192.47 Million Baht, decline in depreciation charge of 134.09 Million Baht, subsidiary (UWC) decrease in

Company underwent a remeasurement of employee benefit obligations in terms of post- employment benefits of THB 0.29 million, which was due to adjustment of assumption for establishing employee benefit

the same period of last year at net loss 0.84%, mainly caused by increased in gross profit margin. The Company recognized employee benefit from changing post-employment plan in expense of Baht 11.47