The Securities and Exchange Commission, Thailand (SEC) together with the Institute of Certified Accountants and Auditors of Thailand (ICAAT) issued accounting guidelines on revenue recognition for

juristic offenders in eight cases and the total remittance of more than 50 million baht as public revenue.  Mr. Somchai Pongpattanasin, SEC Assistant Secretary?General in charge of the Enforcement Division

Company’s bidding with government agencies as there will be requirements on specific objectives and the Company’s scope of work acceptance to increase revenue generating channels for the Company. The details

will be requirements on specific objectives and the Company’s scope of work acceptance to increase revenue generating channels for the Company. The details of additional proposed nine objectives are as

management in contemplation of enhancing business efficiency to accommodate sustainable growth. PERFORMANCE OVERVIEW 2 | MANAGEMENT DISCUSSION AND ANALYSIS FOR Q1-2020 Revenue Major revenue of The Group mainly

Quarter performance Unit: Million Baht 2019 2018 Sales Revenue 1,723.97 1,863.61 Cost of Sales 1,616.25 1,797.16 Gross Margin 107.72 66.45 Profit (loss) on exchange rates 31.98 72.27 Other Incomes 9.16

1,935.37 1,900.75 Selling & Administrative Expense 127.87 130.49 Gain(loss) on machinery and equipment disposal (12.87) - Finance Costs 21.34 23.25 Net Profit (10.11) 125.97 Earnings per share (Baht) (0.025

ended 30 June 2018 (2nd quarter of 2018) as follows: Unit :Million Baht Q2/17 Q1/18 Q2/18 Change +/(-) QoQ % YoY % Net Revenue 201.20 206.12 251.20 45.08 21.87 50.00 24.85 Cost of Goods Sold 183.37 180.77

Three Month period ended 30 June 2018 (2nd quarter of 2018) as follows: Unit :Million Baht Q2/17 Q1/18 Q2/18 Change +/(-) QoQ % YoY % Net Revenue 201.20 206.12 251.20 45.08 21.87 50.00 24.85 Cost of Goods

Limited (“the Company”) would like to submit the management discussion and analysis of the operating results for the first quarter of 2020 ended March 31, 2020 as follows: Revenue from Software Subscription