Management Discussion and Analysis for the year 2021 4 Core Operating Profit (defined as Earnings before Interests and Taxes exclude interest income, gain (loss) on exchange rate and other irregular items) for

% Gross profit 27.23 37.66 10.43 38.30% 81.03 120.73 39.71 49.00% Other income 0.04 0.06 0.02 57.94% 0.10 0.21 0.11 115.92% Selling expenses (0.86) (1.25) (0.40) 46.52% (3.30) (5.59) (2.29) 69.39

from Sales and Service 433.88 474.93 -41.05 -8.64% Total Revenue 441.93 475.64 -33.71 -7.09% Net Profit for the Year 28.53 30.63 -2.10 -6.84% Net Profit for Shareholders of the Company 23.94 21.94 2.00

decreased 5.28 million baht due to the decrease in net profit from operation. • Provision for long-term employee benefit amounted to 41.87 million baht, decreased by 0.87 million baht or 2.04% due to the

export sector has expanded well from the economic recovery of trade relevant countries. Beside, company and its subsidiaries recorded the profit sharing to non-controlling interest in a subsidiary by Baht

this period, re-measurement of employee benefit causing gain on income tax at Baht 4.8 million.

Analysis Quarter 1 Ending 31 March 2018 Highlights Q1/2018, the Company and subsidiary’s total net profit equals Baht 495 million, increased by Baht 1,410 million comparing with previous quarter. Total

November 13, 2006 February 28, 2020 Subjects : Report of Operating Performance for the Year 2019 Attention : President of the Stock Exchange of Thailand The Consolidated net profit of Eastern

profit totaled to Baht 17 million including gain from change in fair value of financial assets of Baht 3 million, which is an increase of Baht 84 million (125%) from Q1/2019’s net loss of Baht 67 million

59 percent and 41 percent of total Revenue from sale respectively. The sharing of gain (loss) from investment value of the associates for the 1st quarter 2019 was profit Baht 1.62 million increasing