2020, the Company invested in purchasing - Translation - 4 machineries in accordance with the plan on increasing forklift battery (traction battery) production capacity which had been continued from 2018

Buster” under Cherish Brand. In addition, the Company has continued to expand new distribution channels such as Pop-up Store, Mini Shop at HQ Rama 9, and E-commerce. The Company arranged marketing

0.57mb, giving an overall increase of 30.27mb or 152.5%. Both HR Solutions and Financial Solutions continued its year-on-year growth momentum on recurring income by 14.5% and 4.6% respectively. T.662 636

pandemic has affected Thai economy an early on February 2020, which likely cause a continued changing and dispersed forecast of the GDP growth in the year of 2020 as well as how and when the economic

revenue in 3Q19 was Baht 222.89 million, decreased by 4.55% YOY as a result of economy slowdown, and low spending season causing consumers slow down their spending. However, the Company has continued to

consolidation of TigerSoft’s result, but was partially offset by a dip in EPR’s implementation revenue of 4 .00mb, netting an increase of 13.72 mb or 16.8% . Both HR Solutions and Financial Solutions continued

, gain (loss) on exchange rate and other irregular items) reached Baht 422.68 million in Q1 2021. Our core operating profit continued to be strong after the recovery in Q3 2020. The average core operating

). Table 1 : Performance Summary Table 2 : Adjusted EBITDA Margin In the face of volatile crude palm oil and crude palm kernel oil prices’ movement, both had continued to decrease from quarter 1/2017 due to

LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q3/2017 2 2. Economic Situation The Thai economic activity in the third quarter of 2 0 1 7 continued to expand. Export–oriented manufacturing businesses

/2019, the Company and its subsidiaries recorded total sales of Baht 1,240 million, a decrease of 7% YoY, occurred from a decline in domestic branded sales at 12% YoY while export branded sales continued