distribution of sugar and molasses business effect to Thailand and Global ,have an impact on revenue from sale decrease and postpone shipment from Export in first quarter . This situation have an impact on

50.41%. It came from the sales of low-cost merchandise which was in higher portion. Total cost of sales and administrative expense were 140.40 million baht, it decreased from the same period of previous

sales promotion of audio and visual merchandise to meet customer demand during the FIFA World Cup 2018. Likewise, the Company rolled out activities to promote the sale of electrical appliances and cooling

775.9 -13.0 รวมไตรมาส 1 777.5 802.1 -24.6 797.9 675.4 122.5 ตารางที 4: ยอดขายและปริมาณขายตามภูมศิาสตร์ (PCB shipment @ ราคา Factory price) ตารางที 5: ยอดขายและปริมาณขายตามประเภทผลิตภณัฑ์ (PCB Shipment

of the Company this quarter is still in line with plan, especially the Homepro business, which continues to increase its efficiency and improve merchandise management. This includes the conversion of

model in automotive segment. Property, plant and equipment increased by Baht 54.72 million which were new machines that ordered since last year but delayed shipment until the early of this year, and some

last year but the shipment delayed until the early of this year and were the investment for machine and equipment improvement. As of 30 September 2017 the Company had consolidated liabilities increased

LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q1/2018 2 2. ECONOMIC SITUATION Thai economy in Q1/2018 continually expanded, supported by every economic engine especially merchandise exports, which were

1 777.5 802.1 -24.6 797.9 675.4 122.5 รวม 3,422.3 3,306.8 115.5 3,089.1 2,948.3 140.8 ตารางที 4: ยอดขายและปริมาณขายตามภูมศิาสตร์ (PCB shipment @ ราคา Factory price) ตารางที 5: ยอดขายและปริมาณขายตามประ

. The company manufactures products on behalf of its customers for shipment to them or their customers.  Therefore, the company's performance is mostly affected by its ability to win and retain business