all the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business environment. Management’s Discussion

. Natural fatty alcohols market in 2019 has slowed down from previous year due to the decline in purchasing power of Chinese consumers who are an important driving force for market, which was affected from US

household purchasing power remained weak. Despite improvements of both farm and nonfarm income, households’ purchasing power is compressed by the high debt burden and the waning confidence regarding

purchasing price and highlights of the asset acquisition agreement; in the case where the purchasing price is 5 percent higher than the minimum appraised price, the Company shall clarify the appropriateness of

: 1. Approved to propose to the Extraordinary General Meeting of Shareholders No .1 /2018 to consider and approve the reduction of the Company’s registered capital in the amount of THB 36,184,761.50

2019 (1 April to 30 June 2019) as follows ; 1. The total revenue of the company decreased by 84.21 million baht or 6.01% from the same period last year in accordance with the reduction of car and

a reduction of Baht 2.84 million or 6.40 % decrease. In this current year, there were only 2 ongoing projects expected to be completed within this current year and no new awarded one. Service Income

export sales volume was dropped including the reduction of selling price. The fluctuation of raw material price and keen competition of selling price affected to the domestic sales whereas the appreciation

for Q2’2018 was Baht 2,003 million, decreased by Baht 105 million or 5.0% from Q2’2017 that was explained as follows, 2/4 Beverages business Beverages cost of sales decreased mainly from cost reduction

procuring program rights and entered into a negotiation with the Company over the return of an outstanding amount of program rights and changed the entity who will be responsible for purchasing program rights