. However, in the past 2-3 years, the Company could not export products to India since there is import tax problem as well as other expenses about 20-30 percent, leading to high selling price which could not

-9320 1 Ref: PLC 2018/012 August 13, 2018 Subject: Management Discussion and Analysis Quarter 2 Ended 30-June-2018 To: The President of the Stock Exchange of Thailand Panjawattana Plastic Public Company

, as well as the slowdown in business in Thailand. Even though HV saw a growth in revenue in the past year, it is still a small proportion compared to the revenues from the Company and HP, so overall the

risks and substantial returns, in South East Asia and beyond, targeting area’s in Energy, Eco and Materials. Other M&A targets, when encouraging, will be considered as well. Please be informed accordingly

: Director and General Manager The Stock Exchange of Thailand Eureka Design Public Company Limited and its subsidiaries (“the Group”) would like to clarify the changes in excess of 20% in the Group’s operating

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, generate cashflows for large-scale projects, and build a well-balanced capital structure for the company. Moreover, the Board views that the market price of HYDRO shares significantly fluctuates with

Rec Asset Publ eneral Desc Company king capital. Board of Dir Shareholder President The Stock E he Board of 3/2018 held al assistan aht (One Hu rt from ma e Notificatio ules on Con ange of Th e Connect

country. Furthermore, the profit improvement is due to how the company has managed the products more efficiently after expanding of warehouse as well as brand recognition marketing keep more stability on

, the Company could not export products to India since there is import tax problem as well as other expenses about 20%-30%, leading to high selling price which could not market in India. Consequently