recognized by the SEC as qualified personnel to perform duties of personnel in capital market such as fund manager and securities analyst. In this regard, we wish to extend our appreciation to CFA Society of

conditions including the strong appreciation of THB/USD, which strengthened from the average rate of Baht 35.1060/USD in Q1-17 to Baht 31.5422/USD in the same period this year, and the shortage of some items

high-technology products, an increase in price of the Company’s core raw material, copper foil, due to an unbalanced demand/supply in the market, as well as the appreciation of the THB in a short period

, resulting in a loss on foreign exchange accounting for foreign exchange losses. The need to improve foreign debtors' accounts at the end of the year was due to the continued appreciation of the baht

sales revenue from overseas sales resulting from Thai Baht appreciation against 3 major currencies (USD, EUR, and AUD) as main revenue structure. Cost of sales. Selling and Administratiy!: Expenses: For

. Assets increased primarily from the acquisition of the acorna hotel portfolio and Noble Ploenchit office building, however this was offset by the sale of Mo Chit Land, and largely from the appreciation of

and according to target. In 2019, Thai economy has decelerated with GDP reported at 2.4% decreased from 4.1% in 2018 as a result of declining in export growth and Baht appreciation. The world-trade

had successfully recorded a sales growth of Baht 27.4 million, or 4.1% year-over-year. Please find the details of sales growth by business units as following: - Processing food from meat business

. Causing container races not sufficient since the 4th quarter of 2016, result in the transport of goods, the customer has less and less in the first quarter because they could not find enough container

% year-over-year (YoY). Please find the details of sales growth by business units as following: - Processing food business recorded its revenue of Baht 583.6 million that 4.0 % increased from Q3/2016 or in