coin offering (ICO) formats that can meet the needs of the business sector. Additionally, the guidelines have been refined to support a more robust ecosystem for investment tokens. All these efforts are

as working capital for business operation. The Board of Directors and the Audit Committee of HYDRO opine that the PP transaction will contribute to the company’s robust financial position

:  - have robust checks and balances mechanisms in place in every critical business system;   - have effective business continuity management and plans;   - have a customer onboarding and Know Your Customer

for Thai business operators to grow regionally; 3. Market Competitiveness: To strengthen Thai market competitiveness by building robust infrastructure compatible to digital business models; 4. Risk

-corruption measures toward practical implementation by encouraging listed companies and market participants to place importance on having robust internal control systems and transparent operations, in line

subcontractor and fabricators like UEC. This is effect to small volume for UEC in Q1/2018 and very high competition. Discussion and Analysis of the Company and its subsidiaries Operational Results in Q1/2018 and

Million Baht (56%) from Q2/2016. The main causes for the lower net profit are economic in Thailand have not yet recover and intense competition. Discussion and Analysis of the Company and its subsidiaries

that, the market competition intensified to compete for market share due to contraction in demand. 2 2. Total cost of goods sold amounting to 1,715 million Baht was increased by 87.74 million Baht from

domestic plastic packaging consumption. In addition to that, the market competition intensified to compete for market share. 2 2. Total cost of goods sold amounting to 1,784.43 million Baht was increased by

recovery, competition for available projects are more intense. Discussion and Analysis of the Company and its subsidiaries Operational Results in 2017 and 2016 Corporate Revenue In 2017 the Company and its