Mr. Sonthaya Noicharoen Mr. Sonthaya Noicharoen and Mr. Pirom Priyawat (now Mr. Sutha Priyawat), former directors and executives in charge of business operation and asset management of Eastern Wire

Project Management, Supply and Installation of the M&E Systems for the MRT Blue Line Extension Project at the project inception. Cost of construction services and sales of construction materials The Company

and sales of construction materials The Company and its subsidiaries had revenues from construction services and sales of construction materials of Baht 29,295.94 million, representing 93.97% of total

construction materials The Company and its subsidiaries had revenues from construction services and sales of construction materials of Baht 22,185.45 million, representing 94.50% of total revenues, a drop of

บริษัท เอบิโก้ โฮลดิงส์ จํากดั (มหาชน) 401/1 หมู่ 8 อาคารเอบิโก้ ชัน 5 ถ.พหลโยธนิ ต.คูคต อ.ลําลูกกา จ.ปทมุธานี 12130 โทร - - โทรสาร - - Management Discussion and Analysis (MD&A) ABICO HOLDINGS ABICO

บริษัท เอบิโก้ โฮลดิงส์ จาํกัด (มหาชน) 401/1 หมู่ 8 อาคารเอบโิก้ ชัน 5 ถ.พหลโยธิน ต.คูคต อ.ลําลกูกา จ.ปทมุธานี 12130 โทร - - โทรสาร - - Management Discussion and Analysis (MD&A) ABICO HOLDINGS ABICO

Samutprakarn, Samutprakarn 10280, Thailand Tel. 66 2323 1085..96 Fax. 66 2323 9283 (Translation) 11 May 2018 Subject: Management Discussion and Analysis (MD&A) of Q1/2018 To: Director and manager The Stock

discipline, training students on correct financial management principles, encouraging responsibility and instilling the habit of spending time on activities that are beneficial to the community by

conditions, resulting in a lack of raw materials for production and inability to produce and export at full efficiency and effectiveness. At the end of 2023, the company has planned to reserve sufficient raw

more raw materials, can expand sale to foods & beverage customers. - Cost of the sales and services of 2017 was 89.83% decreased to 88.84% on 2018 or decreased 0.98% from sales due to good efficiency on