mainly due to the change in accounting treatment on the partnership with TOT (see significant event). Excluding all costs paid to TOT, the focus on cost optimization continued to result in controlled
14 August 2018 Subject: Management Discussion and Analysis for the Six-Month Period Ended June 30, 2018 To: Directors and Managers The Stock Exchange of Thailand Halcyon Technology Public Company
2017 compared to Q4 2016: Q4 2017 Q4 2016 YoY change YoY % change Unit: Million Thai Baht (THB) Sales and service income 209.13 181.21 27.92 15% Gain from exchange rate 0.44 0.57 -0.13 -23% Other income
outlet is expected to operate in 4Q18. For eCommerce channel which has been developed since end of 2017 the Company keep investing in this platform to serve the change of consumer lifestyle, likewise
Eastern Economic Corridor. For eCommerce channel which has been developed since end of 2017, the Company keep investing in this platform to serve the change of consumer lifestyle. Moreover, for product
since there was change in borrowing condition from based on approval limit to actual use amount. • Trade and other receivables decreased by Baht (54.76) million, primarily due to allowance for doubtful
an uninterrupted period of twenty years or more. Such employees are entitled to receive not less than 400 days compensation at the latest wage rate. This change is considered a post-employment benefits
account of nature, scale, quantity, complexity and diversity of businesses and services, as well as acceptable level of risks relevant to such businesses and services. 2 In case where any material change is
relevant to such businesses and services. 2 In case where any material change is made to its operating system, the intermediary shall deliver a report of such change to the SEC without delay. Clause 12 The