statement and the specific financial statement compared with the performance of the same period of 2018 ended on December 31st, 2018. The performance is concluded as follows: The Summary of the Overall

DCORP 025/2020 May 13, 2020 Subject: Management Discussion and Analysis – Explanation of net profit for the quarter ended March 31, 2020 and the increase in the overall operations of more than 20 percent

DCORP 041/2020 August 13, 2020 Subject Management Discussion and Analysis – Explanation of net profit for the quarter ended June 30, 2020 and the increase in the overall operations of more than 20 percent

Overview In the year 2017, the overall picture of the apparel industry remained stable in line with the Thai and global economy. The sale of goods to foreign countries has been affected by the appreciation

the sales of same period of 2017. Mainly resulted from an increase in sales from all of Company’s products especially Discs that was risen 46.78% when compares to Disc plough 2017’s sales. In overall

the Company and its subsidiaries Q2/2016 Q1/2017 Q2/2017 YoY QoQ 6M2016 6M2017 YoY Total Revenue 37,262 43,995 42,828 15% -3% 67,538 86,823 29% Accounting EBITDA 4,085 4,075 2,514 -38% -38% 5,504 6,589

period and for the nine-month period ended September 30, 2019 as follows: Overview of the operating result for the third quarter of 2019 The company’s total revenue for the third quarter of 2019 was THB

), total revenue from sales amounted to THB 3,862 million, an increase of THB 235 million or 6.5%, driven by higher sales of the energy drinks for export markets and revenue growth in distribution of 3rd

100.00% 5,504.30 99.82% 927.26 16.85% Service 0.00 0.00% 9.78 0.18% (9.78) (100.00%) Total Revenues 6,431.56 100.00% 5,514.08 100.00% 917.48 16.64% Cost of Goods Sold (5,890.19) (91.58%) (4,929.57) (89.56

analysis for the year ending 31 December 2019, as follows: Business Overview In 2019, the Group's total revenue growth (TSSG) increased by 6.1% compared to the previous year driven mainly by new branch