trends 17 Part 4: Company and investor dialogue 18 4.1 Questions for companies 18 4.2 Questions for Investors 20 Annex 1: ICGN Guidance 23 ICGN GUIDANCE ON INTEGRATED BUSINESS REPORTING 7 It is part of the

position 4. Analysis of the consolidated cash flow 5. Future operating trends Summary of the company's operating results In 1Q2020, many countries around the world including Thailand were facing with the

business restructuring decreased of Baht 204.45 million due to in 2016 the Group has restructured of the publishing and distribution of publications due to the shift of consumer trends. The Group has set up

resulting from the achieved increased ARRs. However, RevPAR for the Maldives hotels has decreased by 5.9% due to a decrease in both ARRs and also OCC, that is in line with the overall hotels business trends

steel price trend while inventory still had higher price. Also, when comparing to the same period of last year, inventories on hand end of 31 March 2016 had low cost since last quarter of year 2015. 4

same period of 2018. The main reasons were:  Revenues from circulation decreased 15.24% with circulation revenues of comic books and children books decreasing 33.23%. On the other hand, revenues from

comic books and children books decreasing 27.63%. On the other hand, pocket books increased 28.20%. • Revenues from rendering of services decreased 70.6% due to less margins from publishing, distributing

publications. 2. Costs and expenses for the six-month period of 2018 increased 85% compared to the same period of 2017. The main reasons were:  Cost of goods sold decreased 1%. On the Other hand, sales

this current year. Service Income During this captioned quarter, there was no service income since all projects on hand had been completed in 2019 and no new awarded one. Other income The other income

51.05 % decrease there has been no any new awarded project and such an income has been gained from project on hand since 2016. Service Income The service income in this quarter was Baht 7.80 million