specialty retail category expansion and growth of online and omnichannel sales, partially offset by a slight decrease in sales of goods our Italian department store category, attributable to the closure of

operations were very strong; recording 53.5% growth year-on-year. Portugal operations were also growing, recording 6.6% growth year-on-year. Both Thailand and Portugal operations outperformed average industry

revenue was higher than industry growth (in terms of production volume) of 6.1% due to the following reasons: 1) Automotive Parts Business; Higher order, new model launch which started in Q3 last year, new

launch in the fourth quarter of 2024. Overall, the company continues to maintain steady growth in both sales and profits. 2. Significant events and developments The company has a total of 1 1 5 branches

effective in 2019. 2.2 The decrease gross profit margin in the remaining portion resulted from the Indirect costs, most of which are fixed costs, were not decreased in the same direction of Sales. Gross

controlling For the direction of sales in 2020, it will continue to focus on expanding Flexible Packaging customers into the Rice industry, Pet food industry, because it is a group that the company has the

9.96 million baht last year, increased by 1.42 million baht or 14.25% increased , which increase by the same direction of sale increase. 4. Administrative expenses For year 2018, the administration

part of the direction to resolve the grounds of possible delisting. Board of Directors and Auditing Committee’s opinion: Considering the current economic condition, Government land appraisal price

same quarter of 2018, the company had a net loss of 13.27 million baht. In a better direction, amount of 50.06 million baht which is in line with the increase in revenue Statement of financial Position

exposure, and not to speculate on the direction of the market. KGI Securities (Thailand) Public Company Limited 173 Asia Centre Building, 8th - 11th Floor, South Sathorn Road, Thungmahamek Sub-District