shares 3. THB 113 mil. increase in net profit for the period Company reported net cash provided from operating for the 1st quarter 2018, of THB 31 mil., THB 39 mil. declining when compared to the same

1.7%. Beverage business The beverage sales for the fiscal year 2018 was Baht 5,986 million, decreased by 15.1% or Baht 1,068 million from the fiscal year 2017, mainly from declining in green tea markets

purchasing power that are declining, in turns the company had to launched many promotions to drive sales resulting in the decrease of average selling price. 3. Selling expenses Selling expenses in 1H19

% Management Discussion and Analysis of quarter 1 /2020 3 | p a g e Total Assets As of 30 June, 2020 the Company had total assets of Baht 7,356 million, declining from 31 March, 2020 by Baht 25 million or -0.3

with revenue from sales and services of THB 937.9 million, declining THB 308.4 million or 24.7% from the same year of the previous year. Furthermore, gross profit margin declined from 22.1% in the

caused by the declining service revenues and the higher costs of service provision. The SEC’s further investigation revealed that during 8 October 2019 - 4 November 2019, Penprapa – wife of an SQ executive

resolutions of the Board of Directors’ Meeting No. 9/2018, which was held on November 27, 2018. This was due to the fact that the manufacturing business’ operating results were declining, the percent of

product finished steel consumption in the first 6 months of 2017 was at 5.4 million tons, dropped by 5.6% as well. Declining prices of flat steel in China in Q2/2017 Source: Steel Business Briefing Overview

respect to downward pressure from demand for Fuel Oil in the electricity production sector in Asia decreasing in Japan and Pakistan, and refineries operating at high utilization rate leading to more

continued declining due to intense competition in Thailand reflecting falling in revenue from fish feed which dropped by 23.69% comparing to 2017 from lower sales volume of fish feed. Furthermore, revenue