4.01 million (loss per share of Baht 0.40). The increase of loss in amount of Baht 5.63 million comes from the following major transactions. 1. Loss from underwriting in this quarter increased from the

the business environment by closed 8 departments which have accumulate loss in year 2019. Moreover the Company has promotional activity, made an advertisement in each area for increased sale

the financial performance for the second quarter of 2020 In the second quarter of 2020, the Company reported revenue of THB 176 million, which increased by THB 90 million from revenue of THB 86 million

seasonality trend of the third quarter of every year, and increased by Baht 3,686 million or 269% from Q3/2018 after the acquisition of GLOW. The adjusted net income was at Baht 1,542 million which reflects the

retirement benefits according to Labor Protection Act at Baht 22.9 million • Shutdown expenses increased by 309.7% from furnace maintenance and inventory management. Details were given below: − Temporarily

Discussion and Analysis of quarter 1 /2020 2 | p a g e  Last year, the Company was affected by the amendment to the labour protection act. As a result, the products cost increased from the provision of Baht

of last year, but revenue from the property rental business increased from the same period of last year. Details are as follows: Second quarter (Unit: Million Baht) 2019 2018 Change Change (%) Sales of

, which was, the government issued the Labor Protection Act (No. 7 ) B.E. 2019, prescribing the rate of severance pay that increased from 300 days to 400 days Such change resulted in an increase of the

, outage amortization of GHECO-One has been reclassified to maintenance cost. This, partly, has been a contributing factor of increased maintenance cost reported in Q1/2020 onwards. 2. Since Q1/2020, net

with 20 or more years of service at 400 days of the latest wages instead of 300 days, as the Labor Protection Act No. 7 of the year 2019. The Company's profitability in the second quarter of 2019