March 12,2020 Subject: Notification of the disposal of shares in the Biogas Power Plant Business of Akkrawat Crop Rotation Energy Company Limited (Revised No.2) Attention: President Stock Exchange of

a par value of Baht 100 per share, in order to enhance KTMS’s business potential. The Board of Directors approved a resolution to subscribe for the newly issued share, in the total of 148,626 shares

the notification announced by the Department of Business Development according. If the situation is resolved appropriate, the board of directors will arrange for the annual general meeting of

mainly from auto part tooling revenue recognition and packaging for milk and milk yogurt. For business in China, Sales of Tianjin plant decreased from the closure of the factory at the beginning of the

% Administrative expenses 575.22 11.39% 585.93 10.28% (10.71) -1.83% Specific Business Tax 191.18 3.79% 218.42 3.83% (27.24) -12.47% Finance Cost 199.80 3.96% 176.52 3.10% 23.28 13.19% Exchange Losses (Derivatives

expenses. Specific business tax and transfer fee were in accordance to revenue. 4.2 Administrative expenses In the first quarter 2020, the administrative expenses at Baht 24.94 million, increased Baht 1.85

-02_012) Management’s Discussion and Analysis for the performance of the three months ended of the year 2020 Business Overview For the three months ended of the year 2020, S Hotels and Resorts Public

ended 30 September 2020 1,104 536 3. Business Outlook The overall domestic Hot Rolled Steel consumption reduced by 28% during the 3rd Quarter 2020, while imports declined by 46%, the domestic production

Baht 22.38 million, increased Baht 4.62 million or 26.01 % compared to the same period of 2019 because company and subsidiaries had increased advertisement and promoting expenses. Specific business tax

. Consequencely, the Company has not established any loss reserve in its accounts. Executive perspective for business trends in 2020 The Company's management foresees that the Company emphasis on caravan service