OHTL Public Company Limited and its subsidiaries Management Discussion and Analysis for the year ended 31 December 2019 (Unit: Thousand Baht) 2019 2018 Increased (Decreased) Room revenue 385,447

December 31, 2019 show a net loss of 53.39 million baht, compare to the same period of previous year which a net loss of 49.96 million baht, the decreased loss of 3.43 million baht, the main reasons are as

ended 30 June 2017 more than 20% from the last year as follows: Statement of Comprehensive Income Unit: Million Baht 30 June 2017 30 June 2016 Increased (Decreased) Percentage Remark Sales and Services

reviewQ319.xlsx Management's Discussion and Analysis Third Quarter ending 30th September 2019 Overall Group Performance Hana Microelectronics Group 'Hana' Sales Revenue decreased 14% year on year to

/ Margin 31.00 26.56% 30.26 26.21% Net Profit / Margin 5.30 4.54% 7.52 6.51% Revenue from sales and services The Company’s sales and services revenue was reduced by THB 1.22 million or equivalent to 1.05

margin decreased by 3 percentage points to 7% in 2019 from 10% in 2018. SGA expenses decreased by 2% [THB 19m] due to reduced SGA expense at the Jiaxing plant. Payout Analysis For the year 2019 the company

inventory reduced by 9% (THB 121 million). Total non-current assets amounted to THB 13,423 which decreased by 1% from the year ended 2019. • Total Liabilities As of 30 June 2020, the Company has total

of Sea Freight Service The cost of sea freight services decreased by 19.92% in 2018 from 2017 as the cost of repairing and fixing sea freight reduced. Selling Expenses The Company and its subsidiaries

. Cost of Sea Freight Service The cost of sea freight services decreased by 19.92% in 2018 from 2017 as the cost of repairing and fixing sea freight reduced. Selling Expenses The Company and its

:- A&W Restaurant: revenue from sales was 43.0 MB decreased by 3.7 MB or 7.9% YoY which is affected by the number of branches that are reduced and the competition in the quick service restaurant business