decreased. Compared between the years 2016 and 2017, the average exchange rate of Thai baht/Singapore dollar appreciated from 25.2481 to 24.2812 and Thai baht/US dollar appreciated from 34.0574 to 32.9767. As

notification is due to the fact that at present securities companies are allowed to make offshore investment which contains higher risks than domestic investment in such areas as foreign exchange rate risk

is due to the fact that at present securities companies are allowed to make offshore investment which contains higher risks than domestic investment in such areas as foreign exchange rate risk

foreign exchange rate risk, economic and political risk as well as regional risk of the countries in which they have invested. Since the aforesaid risks may affect the financial status of the securities

than the final rate from 300 days to 400 days, which result in increased costs and expenses of the company. Consequently, there was the net loss amount 7,461,122.01 Baht in Q2/2019. Compared to Q2/2018

Company’s and its subsidiaries’ operation as well as impact by the higher interest rate as compared to previous year. 5. Net Profit For the first quarter ended 31 March 2018, the Company’s net loss was Bt

Million Baht decreasing 4% at the same period mainly from sales volume. The third quarter of 2018 Gross profit rate 14% decreased 3% compared with last year. The third quarter in 2018, the company cost of

received from long- term borrowings from a financial institution amount of THB 195 million and dividend payment amount of THB 417 million. -5- Financial Ratio Analysis Financial Rate 9 months In 2018 9

of exchange rate. 5. Distribution Expense and Administrative Expense decreased by 7.30 million baht (from 110.78 million baht in 2019 to 103.48 million baht in 2020) because the company has a policy to

from fluctuation of exchange rate. 5. Distribution Expense increased by 12.91 million baht (from 50.30 million baht in 2019 to 63.21 million baht in 2020) due to increased sales. 6. Administrative