goods sold in business agriculture and dairy farm increased Baht 2.57 million, to be 6% because animal feed price increased form the year 2016. (3) Commission income amount Baht 9.84 million, increased

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

2017 of 236 M THB or11%, mainly are from o Declining in average price per unit of finish goods and raw materials. o Declining in G-G contract of 224M THB. o Declining in sales of Restaurant and food

and cost of goods sold The Company had total sales volumes and total production volumes were higher than last year mainly due to increased capacity according to Tolling agreement with G Steel during off

goods from steel bumper grille and lamp, Other non-current assets increased due to account receivable from fixed asset property, plant and equipment increased from investment injection mold, land

Subsidiaries Management’s Discussion and Analysis (MD&A) for year 2017 (Revised) 11  Revenue from sales and cost of goods sold The Company had total sales volumes and total production volumes were higher than

million baht, 22.22 percent compared to the same period last year. Due to the allowance for diminution in value of deteriorated and slow moving goods In the amount of Baht 37.50 million 3. Increase in

852.57 Cost of Service 10.46 6.47 0.21 0.85 10.25 4,880.95 Cost of Goods Sold 0.00 0.00 0.00 0.00 0.00 Administrative Expenses 64.28 39.75 13.58 55.14 50.70 373.34 Cost of Finance 8.06 4.98 2.59 10.52 5.47

Service 4.22 8.23 0.00 0.00 4.22 #DIV/0! Cost of Goods Sold 0.00 0.00 0.00 0.00 0.00 #DIV/0! Goodwill Impairment Loss 80.74 157.48 0.00 0.00 80.74 #DIV/0! Administrative Expenses 22.59 44.06 24.98 67.51

, inventory decreased from company sales of bulk trading goods during the period. Investments in joint ventures increased because of Safe Energy Holdings Company Limited registered the increase in its share