year ended % Change 2019 2018 THB Mil % THB Mil % Revenue from sales or services 1. Visual effect 53.6 27.3 57.6 33.2 -6.9 2. Animation movie 94.2 47.9 57.5 33.1 63.8 3. Game & Production 47.9 24.4 55.6

comparing with the quarter ended March 31, 2017 decreased from THB 92.91 million to THB 34.26 million or decreased THB 58.65 million or 63.13% because there was no revenue from film production and series

THB 25.79 million to net loss in amount of THB 44.97 million or increased THB 19.18 million or 74.37% because film production and films’ right distribution generated revenue less than the expense of

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Association (Thai-BISPA), the Thai Venture Capital Association (TVCA), the Investment Banking Club, participating approved auditors and the National Federation of Thai Film Associations (NFTFA) co-announced the

assess? Specialized process ? 4 Revenue recognition Production house Customer Contract to make an animated cartoon movie Advance payment/Installment payment Scope of work : ▪ Pre-production (i.e Layouts

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending September 30, 2019 Thai economic activity in the third quarter of 2019 continued to see limited support, after growing by 2.30 percent in the second quarter. The Thai economy did show some signs of strength in the third quarter, due mostly to the low base effect of the same period last year, especially in the tourism sector. However, exports and private investment – two major e...

last year. The increase was due to larger service volume from the clients from the commercial and film production segments. The rental and location service just launched operation during the quarter and

percent from the same period of last year. The increase was due to continued flows of clients and a large number of foreign crew coming to film in Thailand in late 3Q18. In addition, the equipment rental

decreased 126 million Baht or 6 %. The significant causes of the decreased in film production, as there were less Thai films being screened in 3 rd quarter of 2017 and due to efficient cost management. Other