the Company recognized lower sales revenue from overseas sales resulting from Thai Baht appreciation against 3 major currencies (USD, EUR, and AUD) as main revenue structure. Cost of sales, Selling and

sales declined by 9.7% due to intense marketing competition led by strong Thai Baht. Domestic sales portion ended up at 24.9% and export sales at 75.1%. The Company reported gain from foreign exchange

business recorded its revenue of Baht 932.6 Million that 1.4% decreased from 2018 or by Baht 12.8 Million. The revenue from export decreased due to disadvantage in price competition from Thai baht

of a reduction in occupancy of Laguna Phuket hotels. The occupancy was adversely impacted by renovations and constructions within and around some of the Laguna Phuket hotels, the strong Thai Baht, and

year 2019 increased 51.20 and 61.28 percent from the same period of last year. Main attribution is increasing in sales quantities from 2nd production line. The effect from Thai Baht appreciation and

from overseas sales resulting from Thai Baht appreciation against 3 major currencies (USD, EUR, and AUD) as main revenue structure. Cost of sales, cost of distributions and Administrative Expenses: For

on the quality and cost management of goods, so imports from Europe instead of imports from China, resulting in lower costs from the Thai Baht strengthens, compared with the previous year. - Other

Thai Baht. 11 . Loss from compensation of damages was Baht 11.81 million equivalent to 100% compared to the same period of the previous year as a result of the damages claimed by the injured party

increasing was attributed to higher domestic sales. Moreover, the Company generated higher export volume, but the Company recognized increased slightly sales revenue from overseas sales resulting from Thai

33.39% when compared with the 1st quarter of 2018 due to fluctuations of the Thai Baht currency. Finance Costs The Company and its subsidiaries’ finance costs in the 1st quarter of 2019 were Baht 1.76