) • Impact of adoption in TFRS 16 on Consolidated financial statements At 1 January 2020 (in thousand Baht) Increase in right-of-use assets 1,049,021 Increase in deferred tax assets 8,596 Decrease in property

of 2017 WHAUP completed our 2017 at record-high result with a Net Income of Baht 1,980.9 million, 436.1% increase from 2016. 1. RESULTS OF OPERATION FOR 2017 Consolidated Financial Statements 2016 2017

Consolidated financial statements Change Increase/(Decrease) For Three Months Period Ended 30 September 2017 2018 THB mm % THB mm % THB mm % Sale Revenue Revenue from selling product under Company’s trademark 1

clarifies the changes in the performance over 20% as follows: FINANCIAL PERFORMANCE Consolidated Financial Statements Q1 2017 Q1 2018 Increase/(Decrease) THB mm THB mm THB mm % Total Revenue/1 1,365.1 3,447.1

projects, despite an increase in Revenue from Solar rooftop projects. While Gross Profit decreased in higher magnitude mainly as a result of lower Excessive Charge as additional factor apart from

same period at the previous year. The main reason is due to the increase in marketing and advertising expenses from revamping beauty business under Wuttisak Cosmetic Inter Co., Ltd. 2. Financial

same quarter of 2018, the company had a net loss of 13.27 million baht. In a better direction, amount of 50.06 million baht which is in line with the increase in revenue Statement of financial Position

) Q2.2018 Q2.2018 Increase/(decrease) % Income Income from Sale of Goods 86,805 96,061 (9,256) (9.64) Income from Sevice 54,488 - 54,488 100 Cost of Sale of Goods (64,937) (64,016) (921) 1.44 Cost of Service

periods ended 30 September 2018 and 2017 are as follows: Unit: Million Baht For three-month period For nine-month period ended 30 September ended 30 September 2018 2017 Increase/(Decrease) 2018 2017

overall of the Company’s performance can be summarised as follows: (Unit : Thousand Baht ) Performance (Income Statement) 2019 2019 Increase/(decrease) % Income Income from Sale of Goods 364,354 190,462