per year, achieved COD in June 2019 in WHA Eastern Seaboard Industrial Estate 4 PERFORMANCE BY BUSINESS Total Revenue of Utilities Business was Baht 473.6 million in 2Q2019, a 12.1% increase from 2Q2018

cash margin (excluding depreciation) in 1st Quarter of 2018 was achieved at THB 1,937/ton, lower by 42% from last year due to the proportionate of an increased in scrap cost is greater than an increased

acquisition date, non-recurring expenses and share of investment in JV and associates. PERFORMANCE ANALYSIS (2017/18 vs 2016/17) 2017/18 was another year of solid progress for VGI. The Company achieved the

depreciation) in 2nd Quarter of 2018 was achieved at THB 891/ton, lower by 14% from last year due to the increase in the price of graphite electrode (significantly increased from USD 2,000 per ton in the

joint venture in the micro-loan business, achieved a total outstanding loan balance of THB 1,529mn. The second quarter of 2018/19 (ended 30 September 2018) 3 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION

) according to HRC market price worldwide trend. - HRC cash margin (excluding depreciation) in 3rd Quarter of 2018 was achieved at THB 482/ton, lower by 66% from last year due to the increase in the cash

return to shareholder, the management has formulated business strategy and implemented group restructuring to streamline the business and enhance flexibility, which attributable to well-achieved

of October 2019.  Cua Lo Vietnam Project achieved COD in 3Q2019 with capacity of 13,000 cubic meters per day PERFORMANCE BY BUSINESS Total Revenue and Share of profit of Utilities Business in 3Q2019

31.5% in the corresponding period last year. the rise in gross profits were achieved by both sale growth and improved gross profit margins mentioned above. The improvement in gross profit margins were

. 5 . Electrical appliance distribution business line with hire purchase loan Under the circumstances of the Lock Down, Singer Thailand Public Company Limited ( “Singer” ) has achieved great success in