ที่บชง Page 1 of 4 Ref. Bor Chor Ngor 0280/2019 13 August 2019 Subject: Management Discussion and Analysis for the Second Quarter ended 30 June 2019 To President The Stock Exchange of Thailand

, increasing competition, change of behavioural patterns, and changing demands of fundraisers, business operators and investors. As the capital market regulator, the SEC must adjust to these changes without

2nd quarter on 2018 decreased 23.34 percent due to loss from exchange rate. . Cost of goods sold and expenses (Thousands Baht) Six-month Change 2nd Quarter Change 2561 2560 Amount % 2561 2560 Amount

to prepare and submit the incident which affects or is likely to affect the rights and interests of securities holders or the decision-making on investment or the change in the securities price of the

to prepare and submit the defaults in Bill of Exchange and the default in the interest of bonds, these incidents which affects or is likely to affect the rights and interests of securities holders or

failure to prepare and submit the defaults in Bill of Exchange, incident which affects or is likely to affect the rights and interests of securities holders or the decision-making on investment or the

businesses since we focus on expanding customer base with business expertise • Overall gross profit margin increased from 9.8% to 11.3% amount Baht 45 million. 2019 2018 Change % Change Revenue 1,839 1,673 167

Consolidated financial statements (Thousands Baht) Six-month Change 2nd Quarter Change 2020 2019 Amount % 2020 2019 Amount % Revenue from sales 1,165,249 1,068,077 97,172 9.10% 538,525 512,616 25,909 5.05% Other

ที่ กบร No. Lor Gor. 005/2020 May 14, 2020 President The Stock Exchange of Thailand Re : Clarification on the company’s over 20% change in its operating results for 1st quarter, 2020 Dear Sir, Thai

million or 52.1% due following to: Description 1Q2019 Million Baht 1Q2018 Million Baht Change Million Baht Change (%) Revenue from real estate segment - - - - Revenue from E-Commerce segment 1.26 2.19 (0.93