Second Quarter of 2020 1. EXECUTIVE SUMMARY WHAUP finished our Second Quarter of 2020 with a Normalized Net Income of Baht 177.7 million, a 74.4% decrease from 2Q2019 while Net Profit of Baht 317.4 million

11.42 10.86 Cost of project works and services 60.73 67.77 (7.04) (10.39) Total Costs of Sales and Services 177.34 172.96 4.38 2.53 Gross Profit 65.94 80.62 (14.68) (18.21) Other incomes 2.34 1.21 1.13

from nine operating stores for the second quarter of 2019 was Baht 4,510.60 million, representing a decrease of 3.6% over the same period last year. The main reasons for the increase in net profit were

the Third Quarter of 2019 WHAUP finished our 3Q2019 with a Net Profit of Baht 456.2 million, a 27.7% decrease from 3Q2018 while Normalized Net Profit of Baht 445.8 million, a 1.5% increase from 3Q2018

subsidiaries recorded net profit of 2,201.39 million baht while the same period last year the Company and its subsidiaries recorded net profit of 2,313.88 million baht, decreased of 112.49 million baht or

2019. The Company also had a foreign exchange gain of THB 4.4 million during the year. Gross profit margin from both sales of goods and rental and rendering of services increased from 25.0% to 29.4% due

% from THB 27.1 million to THB 29.3 million due to an increase in the rate of car parking services and utility fees. Gross profit margin from both sales of goods and rental and rendering of services

177.4 million, increased by THB 9.2 million or 5.5% from the prior period, resulted to increase in the gross profit by THB 0.7 million. However, when compared to the same period of prior year, the revenue

236.2 million. Whilst revenue from rental and rendering of services increased 14.7% from THB 29.3 million to THB 33.6 million due to new tenants at Bangna Warehouse. Gross profit margin from both sales of

) million or (2%) from Baht 383 million in Q2/2019 to Baht 374 million in Q2/2020. The main decrease was derived from the engineering service. • Overall gross profit margin increased from 9.1% to 15.0% or