textiles. The acquisition of DuraFiber will align with IVL’s strategy of pursuing accretive growth opportunities in the high value-added segment and complement with the current HVA tire cord fabric products

DCON PRODUCTS PUBLIC Co.,Ltd. and Subsidiaries Company Management’s Discussion and Analysis (MD&A) For the Year 2017 1. Revenue,Gross Profit & Net Profit Unit :M.Bht Year 2017 Year 2016 Year 2015 1

year 2017, the Company’s sale revenues were Bt. 106,897.87 million, which decreased 0.46% from last year. The decrease of sales was mainly due to the decreased set-top-box products as well impact from

net loss of Baht 30.71 million on Baht 19.29 million revenues over the same period in 2016. In 2017 the Company recorded higher revenues from sales and lower expenses due to better quality products at

products at competitive prices and higher export value. Gross margin were Baht 5.09 million or 11.33 % in 2017 increasing from Baht 1.72 million or 8.90% for the same period in 2016. On June 15, 2016, the

year 2018, the Company’s sale revenues were Bt. 112,966.79 million, which increased 5.68% from last year. The increased of sales was mainly due to the increased in set-top-box products and computer

DCON PRODUCTS PUBLIC Co.,Ltd. and Subsidiaries Company Management’s Discussion and Analysis (MD&A) For the Year 2018 1. Revenue,Gross Profit & Net Profit Unit :M.Bht Year 2018 Year 2017 Year 2016 1

profit of 548 MTHB, decreased by 406 MTHB or -5.4% of net profit margin comparing with Q1 2018. This decrement was mostly caused by lower products’ spread margin across all products together with the

products, especially products which started selling in 2017 and had full recognition in 2018. The product category with highest revenue increased was facial skincare products with its revenue increased

Microsoft Word - el285e Date : August 14, 2018 Subject : Management Discussion and Analysis for the Quarter 2/2018 To : Managing Director The Stock Exchange of Thailand Kuang Pei San Food Products