amounting to Baht 50.5 million mainly due to losses from exclusive mobile phone project. Revenue from Thailand Mobile Expo for the year 2018 is Baht 119 million, the highest revenue since the Company was

May 12, 2020 Re : Management Discussion and Analysis for Q1/2020 To : Director and Manager of the Stock Exchange of Thailand Revenue from sales and rendering of services L&E’s consolidated revenue

Logistics Management 82.51 69.45 13.06 18.80 Total Service Revenue 385.75 329.23 56.52 17.17 1. Revenue from shipping management. For three months As of March 31, 2018 and March 31, 2017, the Company and its

March 2016, the total revenue decline. The impact of the bankruptcy of Hanjin Shipping Containers Line made of many containers which was leased by Hanjin Shipping also cannot be brought back to the cargo

costs of sales and services was ฿ 478.96 million, ฿ 44.34 million decreasing or 8.47 %. It is noticeable that the revenue from sales and services of the company has been decreasing as well as the cost of

year and in Q3/2020, revenue was 162.62 million baht, a decrease of 3.33%. Of income for the same period in the previous year Due to the decline in shipping volume of automotive parts and Solar Panel

%, mainly caused due to revenue from domestic transport by land has been transferred to be operated under the association company since March 2016, the total revenue is decreased. The impact of the bankruptcy

financial statements Separate Financial Statement Changes (separate financial statement) (Unit: Million Baht) 30-Jun-20 30-Jun-19 30-Jun-20 30-Jun-19 (Million Baht) % Revenue from Sales 16.81 42.54 14.96

of Baht 3.93 million for the quarter ended 31th March 2019 and 2018. The decrease of Baht 7.78 million in the profit is mainly due to the following. 1. A increment in the Group’s revenue 2.84% or Baht

of Baht 11 million for the quarter ended 30th June 2019 and 2018. The decrease of Baht 9.55 million in the profit is mainly due to the following. 1. The decrease in the Group’s revenue 3.29% or Baht