and necessities of Execution of the Transactions This represents renewal of the space lease agreements in continuation of the existing agreements to ensure continued business operations in respect of

million, sale and administrative expenses of Baht 9.84 million (Most of them are employee salaries, auditing fees and fees related to business operations) and income tax amount to Baht 2.26 million due to

Company's business operations and (ii) the provisions for loss on litigations in the amount of Baht 5.72 million. 5. The financial cost The financial cost is in the amount of Baht 2.45 million which decreases

continually adjusted business operations so as to be able to meet consumers’ needs and compete with the rapidly changing competitors and technology. Nonetheless, the crisis situation from the epidemic of the

policy focus on cost management and internal resource management to maximize efficiency, including managing cash flow to be sufficient for business operations. The financial results of the company and its

cooling industry systems from cost-effective management. Other Income Other income is income from other business operations of the Company such as interest income and bad debt, etc. In the second quarter of

analysis report of the financial positions and result of business operations differences more than 20% compare to the previous year. To : Board of Governors and the President of The Stock Exchange of

for the right to attend the meeting scheduled on 13 March 2020. Such postponement will not cause any significant impact on the Company’s business operations or the shareholders’ rights to received

May 14, 2020 Reference no. RWI /BKK/018/2563 Subject : Management’s Discussion and Analysis of Business Operations of the First Quarter of 2020 To The Director and Manager of the Stock Exchange of

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