most important export market of Thai chicken meat products. In 2019, Thailand exported chicken meat products to Japan about 437,819 tons, slightly decreased by 0.58% from previous year primarily from the

continued to grow at 25% YoY. This was impacted by financial statement adjustment in accordance with new Thai accounting standards. According to the previous accounting standards, Q3/2019 total sales would

to grow at 3% YoY from sales recognition of new and some existing products. This was impacted by financial statement adjustment in accordance with new Thai accounting standards. According to the

V3 12/05/63 0 V3 12/05/63 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in the First Quarter of 2020 The Thai economy in the first quarter of 2020

slowdown of Thailand economy. This affected the production of Thai automotive, as well as the sales and production costs of the Company during the fiscal year 2019 (1 October 2018 to 30 September 2019) as

last year. Profit to equity holders of the parent is 53.06 million baht increase of 96.93 Million Baht or 220.92% comparing to the same period last year, this is caused by followings: Revenues 1. Gain on

performance of Thai Economy, as well as an impact from the rising of Wage and Benefits from the agreement with Labour Union in Q2/FY2019 (January 1 – March 31 2019) resulted to; 1. Total revenues of the Company

global economy, as a result of the impact of the trade war between the US and China, affected Thai economy as well as the Company’s sales and production costs during the third quarter of the fiscal year

Thailand economy. This affected the production of Thai automotive, as well as the sales and production costs of the Company during the fiscal year 2019 (1 October 2018 to 30 September 2019) as follows; 1

MoU aims to facilitate cross-border offerings of funds between Hong Kong and Thailand with a view to elevate Thai asset management companies (“AMCs”) competitiveness in the international arena while