shares with a par value of THB 10 per share, equivalent to 60 percent of the total shares of GSG (the “Sale Shares”), from 3 existing shareholders, i.e. (1) Proud To Do Company Limited, (2) Miss Penjun

already registered the changes to the Department of Business Development, Ministry of Commerce on April 17, 2019. In this regard, the Company still uses the same stock symbol “RATCH”. Management Discussion

December 2019 for an additional 0.04 baht per share, which was the dividend from the profit exempted from corporate income tax, amounting to 12,000,013.60 baht. The Company will identify rightful

fol dent Directo o replace M of the sha g of Shareh 1, 2018 du itional matt ders No.1/2 ng of Share tors in Repl who are en No.1/2018 mance of th mpany Limi 2017 has a and appro llows: or and Audit Mr

production capacity of Phase 1 and 2 was expanded, which led to solid revenue growth and profitability. We experienced a number of challenging factors that occurred at the same time, such as production of new

Management Discussion and Analysis for the year ended December 31, 2017 The analysis of operating result for the year ended 31 December 2017 Comparing accumulated operating results with the same

administrative expense as a percent of sales decreased slightly to 12.9% in 2Q18 compared to 13.2% in the same period in previous year. Selling expense as a percent of sales decreased slightly in line with higher

profit margin dropped from the prior period about 4%. Service and cost of service Revenue from service and cost of service sharply decreased when compared with the same interval of last year, resulted from

public auditor as follows: Overall performance results of the Company for the three-month period ended 30 June 2020, compared to the same period of the previous year were highlighted as below; (Unit

percent (35.5 percent in Q1/2019). The company has maintained the gross margin as same as the previous year.  Sales Expenses Q1/2020, the Company and its subsidiaries had the expenses of 21.2 MB, decreased