business interruption. The export sales continued to grow significantly, which helped overall beverages sales. Food business The food sales in the fiscal year 2018 was Baht 6,610 million, increased slightly

marketing campaign between Beverages and Food Business, which was created synergy savings that help the Company can grow revenue continuously. Administrative Expenses Administrative expenses was Baht 2,083

enormous potential to grow the Company’s scale of business operations from fundamental perspective. Such a transaction is not considered a connected transaction as defined by the Notifications of the Capital

- Increase proportion of investing in the company which has potential and opportunity to grow continuously. - Return on investment in form of dividend income. Source of funds : Company working capital

recommendations. Topics valued by international investors such as ESG and risk management may be included in a revision. It thus presents a challenge for Thai listed companies to learn and grow CG to raise the bar

initial public offerings (IPOs)—while private markets have continued to grow rapidly across the region. The SEC also presented Thailand’s initiatives under the Capital Market Competitiveness and

period last year due to a slowdown in sales in China since the end of last year. Nevertheless, the Company managed to expand its business to the Philippines to extend the customer base and diversify its

, 2017 by Baht 151.56 or 22.68% , since the company received the capital increase by Baht 166.30 million and loss from operation by Baht 14.74 million. Trend of year 2018 The company has expand the

. Although the economy performed well in a big picture, the economy at grassroots level has yet to sufficiently expand. This was seen in growth of private consumption, growth of durable goods consumption

. This was an objective of the business to expand revenues base in future. Moreover, the Company has more short-term investment and goodwill.   Management Discussion and Analysis, Q3/2018 Page5/5 JMT