by thriving exports and tourism. Manufacturing production fared better, in line with manufacturing sector indicators tracing the promising trends in core economies. Against this backdrop, KResearch

in line with thriving exports, and capital inflows into Thailand’s debt and equity markets, which was consistent with fund inflows seen in other emerging markets. Given these, the Thai Baht

E_1 Legal_FA_2015_12_29-c A HibrWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending September 30, 2018 The Thai economy in the third quarter of 2018 grew at a decelerating rate due to slowdown in external sector and manufacturing production at home. Meanwhile, private consumption which continued to expand was derived mainly from increased expenditures on automobiles. Nonetheless, the business sector remained challenged by new modes of competition, the broade...

6,935,307 / (767,500) = N/A Not applicable due to the Company's NTA being deficit. 2. Net Operating Profits % of Net Profit attributable proportionately to acquired assets/ Net Profit of the Company* 49% x

the Company's NTA being deficit. 2. Net Operating Profits % of Net Profit attributable proportionately to acquired assets/ Net Profit of the Company* 49% x (1,591,877) / 171,117 = N/A 48.72% x (69,682

65,804.00 19.63 Shareholders’ equity Issued and paid-up share capital 15,075.00 13,675.00 10.24 Capital surplus (deficit) from common shares 3,399.43 - - Other component of shareholders’ equity (65.02) (58.02

Earnings (Deficit) -5,129.66 -6,121.34 -5,598.50 -5,672.60 1,314.67 Treasury Stock - - - - - Shares Of The Company Held By Subsidiaries - - - - - Other Components Of Equity 92.19 -217.32 701.38 -358.03

20,889.7 19,836.7 1,053.0 Retained earnings (Deficit) (322.9) 32.6 (355.5) Others(1) (155.1) (143.9) (11.2) Total shareholders’ equity 31,339.7 30,778.1 561.6 Remark (1) Comprised of discount on changes in

liabilities 141.13 146.34 154.66 Registered capital 80 80 62 Paid-up capital 80 80 62 Retained earnings (deficit) 19.81 19.89 19.69 Total shareholders’ equity 99.81 99.89 81.69 Total liabilities and

80 80 62 Retained earnings (deficit) 19.81 19.89 19.69 Total shareholders’ equity 99.81 99.89 81.69 Total liabilities and shareholders’ equity 240.95 246.23 236.36 5. Total Value of Consideration The