August 11, 2020 Re : Management Discussion and Analysis for Q2/2020 To : Director and Manager of the Stock Exchange of Thailand Revenue from sales and rendering of services L&E’s consolidated revenue

year 2019, the Company’s sales revenue was USD 3,309.02 million, (or equivalent to Baht 102,493.85 million) which decreased by 4.95% compared to last year. The decreased sales revenue was mainly derived

in gross profit of the Company was derived from the slowdown in sales revenue compared to the same period of last year due to the change in product sales mix since we invested in the new company, KURON

mix of lower cost structure products. Selling and Administration Expenses • Selling expenses to total revenue ratio in Q1-2020 rose by 0.06% QoQ resulting primarily from decreasing in total revenue

(Thailand) Public Company Limited (“INGRS”or “the Company”) would like to provide an explanation about our 3-months financial performance for the period ended 30 April 2019: 1. Sales Revenue For the 3-months

the company’s operation result In 2018, revenue from sale was increased from last year 0.4%. Gross profit increased from 43.6% to 44.4% of revenue from sale, whereby net profit for the year showed at

, 2019 as follows: Management Discussion and Analysis For the three months period ended March 31, 2019 Summary of Performance Sales Revenue For the period of three months ended 31 March 2018 and 2019, the

production costs. Additionally, the increase in cost of goods sold to sales revenue ratio was derived from changes in sales mix of different product lines. Table 6: Cost of Goods Sold by Type of Expenses for

compared to the third quarter and the nine-month period ended September 30, 2016 as follow: 1. Sales revenues For the third quarter of year 2017, the Company’s sales revenue was Bt. 28,207.94 million, which

first half ended June 30, 2017 as follow: 1. Sales revenues For the second quarter of year 2018, the Company’s sales revenue was Bt. 26,711.36 million, which increased by 9.03% compared to second quarter