net profit is higher than Q4/2019 7.8 million Baht or increase 3.9%. An improvement of net profit form the same period last year is contributed from efficiency of debt collection and expenses control

efficient of collection team, the Company’s net profit performance in 2018 reached to its highest in corporate history with net profit of 505.5 million Baht, increased at 27.6% from the previous year. The

efficient of collection team, the Company’s net profit performance in 2018 reached to its highest in corporate history with net profit of 505.5 million Baht, increased at 27.6% from the previous year. The

(%) 15.5% -8.7% Quick ratio (times) 0.8 0.7 Net profit (incl. minority interest) (%) 5.6% -50.2% Account receivable turnover (times) 4.0 3.4 Net profit (%) 4.7% -31.7% Average collection period (days) 94 107

reflects a strong new base line of net profit of the Company.  Cash Collection was 708 million Baht, increased 37.3% from the same period last year. This was slightly decline from Q4/2018 due to the

• The Company’s Net Profit continues to grow and remark as a highest net profit for 6 th quarterly consecutively since 2017. • The Company’s Cash Collection in Q2/2019 equal to 706 million baht, increased

DCON PRODUCTS PUBLIC Co.,Ltd. and Subsidiaries Company Management’s Discussion and Analysis (MD&A) For the Year 2019 1. Revenue,Gross Profit & Net Profit Unit :M.Bht Year 2019 Year 2018 Year 2017 1

stood at 27.8%. An increase of net profit was a result of the Company has higher revenues from collection of purchased accounts receivables. Thus, the details of the Company group can be described as

first quarter in 2017 59.1. 2. Income from debt collection services and other income was 58.7 million Baht or slightly decline from the same period last year of 3.9%. Cost of Services and Gross Profit The

DCON PRODUCTS PUBLIC Co.,Ltd. and Subsidiaries Company Management’s Discussion and Analysis (MD&A) For the Year 2017 1. Revenue,Gross Profit & Net Profit Unit :M.Bht Year 2017 Year 2016 Year 2015 1