climbing to 1. 7mn. The mobile money platform under a joint venture, Rabbit LINE Pay, expanded its payment coverage to the sky train mass transit and grew monthly active users to 850,000. The enterprise

service revenue decline while the cost of service continued to rise from inflation which affects electricity cost. Following the declined EBITDA, AIS reported net profit of Bt6,032 mn, -5.4% YoY and -4.3

service revenue decline while the cost of service continued to rise from inflation which affects electricity cost. Following the declined EBITDA, AIS reported net profit of Bt6,032 mn, -5.4% YoY and -4.3

service revenue decline while the cost of service continued to rise from inflation which affects electricity cost. Following the declined EBITDA, AIS reported net profit of Bt6,032 mn, -5.4% YoY and -4.3

8,725 9,199 5.4% 2,410 2,202 -8.6% Net profit 3,594 2,976 -17.2% 1,177 280 -76.2% Net profit - Owner of the parent 2,127 1,863 -12.4% 795 130 -83.6% Normalized net profit (NNP)* 2,918 3,027 3.7% 745 381

DCON PRODUCTS PUBLIC Co.,Ltd. and Subsidiaries Company Management’s Discussion and Analysis (MD&A) For the Year 2019 1. Revenue,Gross Profit & Net Profit Unit :M.Bht Year 2019 Year 2018 Year 2017 1

profit margin was slightly brought down by 0.9% of gross profit margin due to turnaround costs and the rise of main raw material prices from tight supply plus greater crude oil prices. 2. In Q2 2018

enhanced to 28% 9M'2016 9M'2017 % change million Baht million Baht y-on-y Sales and service income 20,691 23,720 14.6% EBITDA 5,679 6,626 16.7% Net profit 2,473 2,823 14.1% Normalized net profit (NNP)* 1,966

net profit (NNP)  NNP increased 28.5% y-on-y from Baht 1,479 million in 6M’2017 to Baht 1,901 million in 6M’2018, primarily due to an increase in revenue and an improvement on financing cost mainly

Q1’2018, primarily due to high efficiency of our new power plants became commercial operation in recent years. Normalized net profit (NNP)  NNP increased 22.4% y-on-y from Baht 678 million in Q1’2017 to