Thailand CH. Karnchang Public Company Limited (the “Company”) hereby reports the connected transaction among the Company and Expert Transport Co., Ltd., whose shares are held by the Company’s major

transport expenses for 1.55 million Baht. Due to half of the sales were delivered to customer’s site rather than ex-work and increased in commission expenses by 2.00 million Baht. Administration Expenses The

standard of the state. The group also seeks the assurance from the government agency and has already received the Amazing Thailand Safety & Healthy Administration (SHA) standard from the Tourism Authority of

represents decreasing of 6 Million Baht (122%) from Q3/2017. The main cause for the lower net profit are occurred from increasing of selling and administration expenses, and loss on foreign exchange rates

had income from services total amount 452.42 million baht, decreased 8.82 %, mainly caused due to revenue from domestic transport by land. Transfer operations under the operation of the company since

%, 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

268.63 million Baht, increased 24.52 %, mainly caused income in year 2018 due to the business merger of domestic transport service by land, which is a subsidiary in late 2017 and merger and manufactures

155.70 million baht, an increase of 7.71 million baht or 5.2% from last year. The gross profit margin increased from 15.69% in 2018 to 17.54% in 2019. Sales and administration cost The company recorded

selling and general administration expensed for this quarter Please be informed accordingly. Yours sincerely Mr. Panya Boonyapiwat Chairman

: Name of the subsidiary company: Jutha Phakakrong Shipping Company Pte., Ltd. Purpose of the establishment: For marine transport and etc. Located at: 50 Raffles Place, #17-01 Singapore Land Tower