% Revenue from service incomes 0.49 0.42% 0.51 0.44% 0.02 3.86% Revenue from rental incomes 0.70 0.60% 0.63 0.54% (0.07) -10.66% Total revenues 116.70 100.00% 115.48 100.00% (1.22) -1.05% Gross Profit

disruption due to several declared force majeure and the North American PTA and PET industry is facing acute acetic acid and MEG shortage, highlighting the advantage of IVL’s integrated model. 4 Our downstream

power shortage, the government of Indonesia plans to expand its electricity generating capacity of 78,000 megawatts and reduces reliance on natural gas for electricity generation. Meanwhile, the

4,373.87 31.80% Cost of sales and services 1,420.50 2,060.70 1,405.95 1.03% (31.07%) 5,689.39 4,008.09 41.95% Gross profit (113.70) 46.01 108.37 (204.93%) (347.12%) 75.53 365.78 (79.35%) Other income 1.23

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

profit margin was slightly brought down by 0.9% of gross profit margin due to turnaround costs and the rise of main raw material prices from tight supply plus greater crude oil prices. 2. In Q2 2018

1,494 8% EBITDA Bio-Based Product Business4/ 113 179 59 -48% -67% 259 238 -8% EBITDA Resource Business5/ 59 133 93 58% -30% 81 226 181% EBITDA Others 6/ (25) (25) (12) 54% 53% (25) (37) -48% Profit

allowance, transportation and pension etc. In addition, the directors are eligible for yearly bonuses in the amount not exceeding 3% of the net profit.” 3 For the past years, the remuneration for directors

allowance, transportation and pension etc. In addition, the directors are eligible for yearly bonuses in the amount not exceeding 3% of the net profit.” For the past years, the remuneration for directors had

continued 5G network expansions. We ensured carrying out continuous cost optimization in all areas to soften this impact. Following the declined EBITDA, AIS reported a net profit of Bt26,011mn, decreasing