future expansion of the Company’s business. 2.3 Opportunity to Generate Revenue for the Company, Expected Effects in the Case of Project Failure, and Risks from the Project Implementation 2.3.1 Opportunity

operating reserves, as well as for future expansion of the Company’s business. Enclosure 4 15 2.3 Opportunity to Generate Revenue for the Company, Expected Effects in the Case of Project Failure, and Risks

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ended March 31, 2018 In the first quarter of 2018, Thai economic growth gained traction, buoyed by both domestic and international factors. However, the business sector faced rising challenges, namely various forms of competition, a borderless marketplace within the ASEAN Economic Community (AEC), and the advancing digital age amid the rapid pace of technological advancement, thus lea...

growth of 4.6 percent, over-year, following the 4.9 percent growth seen in the first quarter. The expansion was driven largely by exports and tourism, which benefited from trade partners’ brighter economic

the future business expansion. Finance Expenses Financial expenses increased during the period from THB 17.4 Mn in 2016 to THB 24.5 Mn in 2017, an increase of THB 7.1 Mn or 40.8%. This was due to

expenses were 60.48 million Baht and 67.49 million Baht respectively. The expenses increased in line with the number of employees to support business expansion. The Company’s net profits were 94.55 million

the expansion of studio business in Singapore and healthy food business. This resulted in the share of profit from Absolute Yoga of Baht 7.46 million in this year, comparing with the share of loss of

mall management and effective operating costs control The Thai economy in 2Q17 continued to expand and recovered at a modest pace, driven by export of goods which showed a high expansion, and the tourism

due to the expansion of our market share from acquiring new parts in passenger cars and pickup 1 ton; meanwhile, the automobile production in this quarter was contracted. Moreover, the sale volumes of

) media, the release of new products such as crispy seaweed Kimchi flavor, the expansion of Tao Kae Noi Land Shop for further distribution and Tao Kae Noi Land Plus stores as an alternative for tourists to