company. Purchase of 80% of Universal Common Shares of Universal Worldwide Transportation Limited. Page 2 of 5 The Company must recognize revenue. Entering into the financial statements. As a result

with Midas Global Media Company Limited (“Midas”) to provide billboard advertising services in four locations at a rate of THB 27,000,000 for the entire agreement term. On the agreement date, the Company

the previous year. Even though the income obtained from the transportation services is reduced from the previous year but the Company could slightly earn the gross profit greater than the profit in the

% due to revenue from sales of tickets and transportation services were decreased of Baht 27.72 million and 13.82 million, respectively from decrease in number of tourists of the subsidiary. million

-term employees benefit which is increased for 1.61 million baht caused by the change of severance pay rate for the termination of employment by the employer, the employee who has worked for an

March 31, 2018 and March 31, 2017, the Company and its subsidiaries had a net profit of Baht 56.52 million or 17.17%. Universal Worldwide Transportation Limited holds 80% of the total number of ordinary

transportation services 4. Revenue from cross-border land transportation services for the three months ending 30 September 2019 equals 125.90 million baht and 30 September 2018 there is no service revenue in this

), the company has an income from transportation services. For the 3 months ending on 30 September 2019 is equivalent to 280.51 million Baht. It has decreased from last year at the amount of 16.55 million

2020, Selling and Administrative Expenses was 330 MTHB, aligned with Q2 2019, from lower transportation costs which led by decrease of export sales volume offset by unrealized loss on exchange rate. 3

increases; and (2) new transportation rate since May 2018. Finance Costs For the three-month period ended 30 June 2018 and 2019, the Company recorded finance costs of THB 42.7 million and THB 48.1 million