2021. These investments would not only enhance business growth but also provide economic value added to EGCO. EGCO is satisfactorily competitive in power business which was resulted by several key

addition, the Company will leverage its agent network to start a distribution business with mom-and-pop shops. The Company always focuses on strengthen and leverage its network to build more competitive

expectations and every effort will be made to maintain the positive trend we saw since 2018 although the competitive pressure continues to increase. The engineering business was a drag on EBITDA in 2019 however

the Edible Oil market if highly competitive and the Edible Oil refining service might reduce the risk of CPO’s price volatility, where the refining services price were established by using a comparable

utilisation rate of all products, an investment in new media products and a reduction of internal cost in order to become more competitive amidst the ever-changing environment. During the second quarter, the

, according to the Company’s policy to cancel its Sale of Edible Oil department and operated as Edible Oil refining service instead because the Edible Oil market if highly competitive and the Edible Oil

competitive and the Edible Oil ref ining service might reduce the r isk of CPO’s price volatility, where the ref ining services price were established by using a comparable approach based on the market price in

policy to cancel its Sale of Edible Oil department and operated as Edible Oil refining service instead because the Edible Oil market if highly competitive and the Edible Oil refining service might reduce

same period in the previous year. Drop in revenues mainly came from closed non-performance branches together with high competitive situation focusing on the pricing competition directly affecting to

the business competitive with the Company, etc. Please be informed accordingly. Sincerely yours, East Coast Furnitech Public Company Limited -Signature- (Mr.Arak Suksawad) Managing Director