subsidiary have financial cost in the amount of Baht 4.15 million which decreased in the amount of Baht 9.36 million or 69.29% when compared to the year 2017. 3 / 3 6. Dissolution of subsidiary On August 14

ที่ หทว No. Kor Bor Ror. 037/2017 December 25, 2017 President The Stock Exchange of Thailand Re : Notification of the dissolution of Pattaya Lamphun Co., Ltd. Dear Sir, Thai Wacoal Public Company

find further information in the consolidated financial statements. 2 Analysis of Costs and Expenses 1. In 2019, Cost of sales was 14,187 MTHB, decreased by 1,462 MTHB comparing to 2018 or 9.3% due the

million baht or 95.45 percent 2 Sales and Services of the group of companies are 20.47 million baht, a decrease of 6.44 million baht or 23.94 percent, details are as follows: 2.1 Cost of sales of fans in

Exchange Commission (“SEC”), has already registered its dissolution with the Business Development Department, the Ministry of Commerce, on August 31, 2016 and the end of liquidation process on June 27, 2017

2018, Cost of sales was 15,649 MTHB, increased by 209 MTHB comparing to 2017 or 1% as a result of greater main raw material prices despite of lower overall sales volume. Higher average Ethylene price

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

, total revenue stood at THB 12,189 mn and net profit stood at THB 1,890 mn). However, the Company implemented the cost-effective management as planned to reduce impact to business performance. As a result

, total revenue decreased by 31.8% and net profit decreased by 65% YoY). However, the Company implemented the cost-effective management as planned to reduce impact to business performance. As a result of

% 1.1 Revenues from construction Baht 6,318.23 million Baht 8,676.42 million Baht (2,358.19) million (27.18) 1.2 Cost of construction 98.15 % 93.61 % - 4.85 1.3 Sales and service income - Property