) and Thai customers continue to support, in which this group of customers is the main proportion. Page 3 For the six-month period ended 30 June 2019, revenues from hotel business of 646.47 THB mm

1 IDH-AC-000-อส6211/08.00 8 November 2019 Re: Management Discussion and Analysis Operating results for the three-month and nine-month period ended 30 September 2019 To: President The Stock Exchange

% to 4.84% as compared to the same period of last year. For the first half of year 2017, the cost of sales was Bt. 47,607.91 Million or 95.51% of sales revenue which decreased from 95.64% in the same

management. Based on the Company's financial statements for the 6 months ended June 30, 2019 While considering the Company financial statement, particularly the second quarter, 3 months’ period ended 30 June

1.11% from the same period of the prior year. The total revenue was 1,036.22 million baht, an increase of 25.83 million baht or 2.56% . Interest expenses were 263. 73 million baht, an increase of 38. 34

of 113.94 million baht or 31.34% from the same period of the prior year. The total income was 1,004.34 million baht, an increase of 94.00 million baht or 10.33%, the financial cost was 236.56 million

million baht or 31.34% from the same period of the prior year. The total income was 1,004.34 million baht, an increase of 94.00 million baht or 10.33%, the financial cost was 236.56 million baht, an

lowered cost evaluation caused from price variance during the period as compared to previous year. 3. Selling and Administrative Expenses For the first quarter ended 31 March 2019, the Company’s SG&A

epidemic situation has influenced and caused China’s and Malaysia’s supply chain to be temporary closed down during the period which therefore caused material shortage and postponed the production for the

For the period of nine months Movement for the third quarter Movement for the period of nine months 2020 2019 2020 2019 Increase (decrease) % Increase (decrease) % Producer and distributor of ready-to