36.34 39.85 3.51 9.66% Cost of services 17.21 23.9 6.69 38.87% Gross profit of advertising and media business 19.13 15.95 (3.18) (16.62%) Gross profit margin 52.64% 40.03% 3. Product sales Business

327.23 293.24 (33.99) (10.39%) Cost of program rights 180.24 232.01 51.77 28.72% Gross profit of content business 146.99 179.69 32.70 22.25% Gross profit margin 44.92% 43.65% 2. Advertising and Media

278.59 206.41 285.97% Cost of program rights 370.62 477.08 106.46 28.72% Gross profit of content business 250.96 375.78 124.82 49.74% Gross profit margin 40.37% 44.06% 2. Advertising and Media Business

business 15.95 (14.28) (30.23) (189.53%) Gross profit margin 40.03% (340.81%) 3. Product sales Business Revenue from sales of products 35.05 9.87 (25.18) (71.84%) Cost of product sales 12.73 3.75 (8.98

) (24.86%) Gross profit margin 38.44% 33.34% 3. Product sales Business Revenue from contracts with customers - sales 36.47 9.70 (26.77) (73.40%) Cost of product sales 13.66 3.67 (9.99) (73.13%) Gross profit

) New product launch which incremental margin versus average actual (more than 35%) 3) New machine installation in both factories to improve production efficiency 4) New market expansion including USA

robust Fit Fast Firm project (OSP’s cost saving program), which continued to drive further margin improvement through product formulation optimization, lower key raw material prices, higher supply chain

. Product to Feed Margin 1,075 29 1,140 22 (65) (6) 1,011 27 64 6 Variable Costs (484) (13) (448) (9) (36) 8 (472) (13) (12) 3 Fixed Costs (163) (4) (149) (3) (14) 9 (138) (4) (25) 17 Stock Gain/(Loss) (20

Value (NRV) 9 0 10 0 (1) (10) (7) (0) 16 (229) Product to Feed Margin 906 23 912 28 (6) (1) 928 18 (22) (2) Variable Costs (386) (10) (486) (15) 100 (21) (411) (8) 25 (6) Fixed Costs (181) (5) (177) (5

100 (182) (6) Feedstock (2,332) (75) (2,693) (73) 361 (13) (2,388) (73) 56 (2) Net Realizable Value (NRV) (19) (1) - 0 (19) n.a. 10 0 (29) (290) Product to Feed Margin 757 24 1,011 27 (254) (25) 912 28