ratio of the Company and subsidiary companies Unit: Million THB Type of Income Q2/2019 Q2/2018 %variance First Half 2019 First Half 2018 % variance Note 1. Income from Sale of Real Estate 1 1,366.28

บทรายงานและการวิเคราะห์ของฝ่ายบริหาร Management Discussion and Analysis For the Financial Result of Year 2019 Ended December 31, 2019 Note: This Management Discussion and Analysis (MD&A) was made to

เหรียญ สหรัฐ Core Net Profit เพ่ิมข้ึนเป็น 2.6 พนัลา้นบาท  ผลการด าเนินงานท่ีแข็งแกร่งของธุรกิจ Combined PET ซ่ึงเป็นผลมาจากสถานการณ์ COVIDไดแ้รงขบัเคล่ือนจากอุปสงค ์ PET ท่ีแขง็แกร่ง อตัราก าไรของ

regards to the best benefit of the shareholders. However, it is important to note that the IFA’s opinions are based on the information and documents received from the Company and other publicly available

คำอธิบายและการวิเคราะห์ฐานะการเงินและผลการดำเนินงาน * Note Please find further information in the consolidated financial statements. 1 February 21st, 2020 Subject: Management Discussion & Analysis

* Note Please find further information in the consolidated financial statements. 1 23 February, 2018 Subject: Management Discussion & Analysis (MD&A) for the year 2017 Attention: The President The

* Note Please find further information in the consolidated financial statements. 1 9th May, 2018 Subject: Management Discussion & Analysis (MD&A) for the 1st quarter of 2018 Attention: The President

* Note Please find further information in the consolidated financial statements. 1 9th May, 2019 Subject: Management Discussion & Analysis (MD&A) for the 1st quarter of 2019 Attention: The President

* Note Please find further information in the consolidated financial statements. 1 8th August, 2019 Subject: Management Discussion & Analysis (MD&A) for the 2nd quarter of 2019 Attention: The

* Note Please find further information in the consolidated financial statements. 1 7th August, 2018 Subject: Management Discussion & Analysis (MD&A) for the 2nd quarter of 2018 Attention: The