) Analysis of Operating Results and Profitability (2.1) Revenues from Sales and Services Description Year 2019 Year 2018 Increase / (Decrease) Million Baht % of Total Revenue Million Baht % of Total Revenue

million compare with performance for the prior year appear as comprehensive operating net Profit of the Company THB 122.62 million, decrease in Profit from the prior year THB 118.61 million, due to the

more the resources, R&D and equipment to enhance capability in production and product development. Furthermore, ESPBG’s Sales improved 7.0% over the same quarter of last year, mainly contributed by sales

equipment dropped by 38.46% QoQ due to decrease in demand on products.  Other revenues comprise of revenue from sale of scrap and zinc and machinery rental. Cost of Goods Sold  Cost to revenue from

31 March 2020 Ratio 2019 Ratio Increase / (Decrease) Amount % Service revenue 646.34 100% 480.92 100% 165.42 34.40 Cost of service 531.42 82.22% 404.10 84.03% 127.32 31.51 Gross profit 114.91 17.78

with non-controlling capability in subsidiary companies 21.75 - 6.40 439.84% 59.99 - 14.30 519.51% The Thai economy in Q3 / 2 0 2 0 improved from the previous quarter. In accordance with the relaxation

: 1. Sales Revenue 1.1 Sales revenue for the 3-months period ended 31 October 2019 For the 3-months period ended 31 October 2019, INGRS registered sales revenue of Baht 695.34 million, a decrease by

145.73 Attributed to the stakeholders with non-controlling capability in subsidiary companies 3.69 - 3.69 100.00 The Company's service income for the three-month period ended March 31, 2017 was 329.23

paragraph to submit any necessary document or report within the appropriate period for the purpose of considering the capability to maintain its net capital . Clause 6 The derivatives broker may not reduce

paragraph to submit any necessary document or report within the appropriate period for the purpose of considering the capability to maintain its net capital. Clause 6 The derivatives broker may not reduce the