Date Month Year  October 1, 2018 - September 30, 2019 1 year period 2. Party Concerned: Tiger Distribution and Logistics Co., Ltd that has registered capital amount of Baht 20,000,000. Its core business

. The company had increased distribution costs of Baht 85.43 million or 64.67% due to the company changing the sales management structure with distributor. The company is responsible for marketing and

40 11 28% 30 50 -20 -40% Distribution costs -90 -70 -20 29% -62 -59 -3 5% Administrative expenses -108 -181 73 -40% -75 -150 75 -50% Finance cost - Interest expenses -11 -11 - - -8 -7 -1 14% Corporate

or THB 1,896 million after tax. For 2018, there is no amalgamation gain as in 2017 but recorded revenue from compensation of sugar production and distribution, foreign exchange gain. Therefore the net

-85.04 -31.07% Other Income 11.04 15.67 -4.63 -29.54% 16.13 23.08 -6.95 -30.10% Distribution costs -92.85 -90.66 2.19 2.42% -83.54 -81.80 1.74 2.13% Administrative expenses -149.95 -140.81 9.14 6.49

and installation of the pipeline 239.05 248.60 (3.84) Income from water production and distribution 31.25 24.31 28.55 Income from installation and distribution of water production systems 3.40 25.03

Plc. (NINE) - - 99,998 99.99% Ms. Wilai Somduangjate 99,998 99.99% - - Other 2 persons 2 0.01% 2 0.01% Total 10,000 100.00% 10,000 100.00% Objectives Investment for advertising revenue from distribution

) (70.9 %) 2.7 % Gross Margin 364.5 28.0 % 374.4 29.1 % (2.6 %) Distribution Costs (197.2) (15.1 %) (148.8) (11.6 %) 32.5 % Administrative Expenses (63.2) (4.9 %) (57.9) (4.5 %) 9.0 % Profit before Income

% Other Income 115 77 38 49% 88 104 - 16 -15% Distribution costs 359 311 48 15% 276 266 10 4% Administrative expenses 594 650 - 56 -9% 441 509 - 68 -13% Finance cost - Interest expenses 49 41 8 20% 34 28 6

. Distribution Cost Distribution cost in the 1st quarter year 2019 increased compare to the same period last year due to an increase in sales volume that mentioned above. The Company incurred distribution cost THB