a higher overall SG&A cost up 7.0% versus the same period in 2016. A decrease in trading activities and one time effects also contributed to the drop in EBITDA. However, on the positive side the

thereof, the Group will pay a fee at a fixed amount. This agreement effects until 31 December 2019.

results of the Company reduced its production capacity to manage the inventory volume. This effects to the increasing in conversion cost 5. Selling expenses for the year 2017 decreased in amount of B ah t

funds section of the balance sheet. There is no cash affect concerning its movement. For Hana being an export group of companies the currency movements cause volatility in earnings due to effects on the

may have, or have had in the twelve months immediately preceding the date of registration statement, significant effects on the issuer’s financial position or profitability. D. Business Overview 1

* Excludes foreign exchange rate effects and gain on equity interest in an associate] Sales Revenue Consolidated sales revenue in Baht terms declined slightly to Bt3,113.9 million in 1Q19, representing a

-71.5% [Remark* Excludes foreign exchange rate effects and change in retirement benefit provisions.] Sales Revenue Consolidated sales revenue in Baht terms declined slightly to Bt2,992.8 million in 2Q19

revenue decrease from the sale of plastic woven bag from the effects of the recessions of economic circumstance since the beginning of the year, combine with the drought condition which affected the

resulted from revenue decrease from the sale of plastic woven bag from the effects of the recessions of economic circumstance since the beginning of the year, combine with the drought condition which

cash flow collection. However, the Company has managed the effects by: 1. Reducing the monthly debt burden on the debtors, which the company considered to be affected by the situation of Covid 19. 2