For three months until end of September 30 2018 Ratio 2018 Ratio 2017 Ratio Increase / (Decrease) Amount Amount Service revenue 429.18 100% 486.67 100% 369.51 100% 117.16 31.71 Other income 6.53 1.52

31 March 2020 Ratio 2019 Ratio Increase / (Decrease) Amount % Service revenue 646.34 100% 480.92 100% 165.42 34.40 Cost of service 531.42 82.22% 404.10 84.03% 127.32 31.51 Gross profit 114.91 17.78

current ratio is increased due to the decrease in liabilities. Please be informed accordingly. Yours sincerely, -Signature - Mrs. Pimporn Chotirattanakul Managing Director

has faster than last year. As result, the policy of debts collector between finance and sales departments. Ratio 2017 2018 Increase (Decrease) Liquidity ratio Current ratio (Time) 5.75 3.99 1.76 Quick

total sales, a decrease from the ratio of 24.6% in the corresponding period last year mainly due to a significant decrease in advertising and promotional expenses in the UK market under the operation of

Analysis For the period ended 31 March 2020 For the year ended 31 December 2019 Change Reason Liquidity Ratio (x) 6.40 5.85 0.55 The decrease in account payable. Quick Ratio (x) 2.05 1.91 0.14 The decrease

The decrease in account payable Quick Ratio (x) 1.68 1.93 (0.25) The decrease in cash and cash equivalents used for operating activities Return on Equity (%) 0.84 1.89 (1.05) Decrease in performance

% of total sales, a decrease from the ratio of 19.2% in the corresponding period last year. Such increases in expenses was largely due to a rise in administrative expenses while the selling expenses

. Therefore , 2Q20 ratio deteriorated owing mainly to decrease of revenue and net profit. In respect of liquidity ratio, average trade receivable day improved from 74 days to 71 days yoy. as less accrual from

selling and administrative expenses were THB 722 million, a decrease of THB 171 million or 19.2%, representing 19.2% of total sales, a decrease from the ratio of 24.7% in the corresponding period last year