most businesses were severely impacted in broad scope especially tourism business, which is one of Thailand's primary incomes, accounting for approximately 17 percent of the country's GDP *. The

from 79.01 Million Baht to 74.65 Million Baht or 5.52% due to cancellation of licensor distribution and manufacturing. This affects extensive project cannot apply tender as a results. 2. The Company’s

Management Discussion and Analysis Analysis of Overall Performance The distribution business of the plastic resins, plastic, and petrochemical related products needs relatively high working capital. The key

overall sales volume, the Company and its subsidiaries brought 1.6% growth of Gross profit margin versus 2017 by the strong contribution of Epicerol® business. 2. In 2018, distribution costs, administrative

2017. The Company and its subsidiaries have been able to increase the Gross Profit margin by 7% compared to the year 2016. 2. In 2017, distribution costs, administrative expenses, and doubtful debt

from water treatment and distribution decreased from the quarter 02/2019 by Baht 4.57 million. The major decreasing came from the sales of water to Patong Municipality, Phuket Province. This is affected

39.2% Gross profit 12.5 57.5 45.0 360.0% 33.7 169.0 135.2 400.9% Other income 10.0 1.9 -8.1 -81.0% 32.0 5.9 -26.1 -81.5% Selling and distribution expenses 14.3 10.3 -4.0 -28.0% 28.8 25.0 -3.8 -13.2

0.43 Interim Management Discussion and Analysis Analysis of Overall Performance The distribution business of the plastic resins, plastic, and petrochemical related products needs relatively high working

insurance plans more appropriately. We are confident that the “Aom No.5” campaign will further drive a continued growth of unit-linked insurance products among existing as well as new clients.”The most

consistent increase in its retail channel sales; the main distribution channel, from the Company’s strategy to enlarge its customer base, and debuted the B20 Diesel product in tandem with a special price