MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 30 JUNE 2018 3.1. Analysis of Q2 and H1 2018 results The key drivers of Q2 2018 performance on the positive side was the higher volumes (due to both market

is the second time in 1 years while the government’s consumption still growing lower continuously, due to Thailand’s budget for fiscal year 2020 was not announced. Filter Vision Public Company Limited

travel restrictions which affect the number of both Thai and foreign tourists. At the same time private consumption is in a declining trend due to the freeze in economic activity, while the purchasing

medical service concerning healthcare and esthetics due to temporary stop operation because of Coronavirus disease (COVID-19). 3.2 Gross Profit The Group's gross profit was decreased from the same period of

of 2018, which were THB 655.55 million or 96.41% of the total revenues from operations. This is mainly due to the increase in sales of Food Coating category by THB 27.44 million from new customers and

439.4 million. The increase of Baht 11.5 million, due to Municipal Solid Waste Power Plant in Krabi which started its commercial operation in late December 2020. Gross Profit Margin for Q1/2021 compared

of foreign tourists continued to increase due to the relaxing of outbreak control measures and international travel restrictions. As the result, the commerce and service sectors recovered and the

320.6 million. The increase in core operating profit was mainly due to increased volume and revenue of automotive parts business. Gain on foreign currency exchange rate was at Baht 174.8 million in Q3

noteworthy that our revenue growth outperformed the industry growth in terms of production volume which declined 6.0% due to the following reasons: 1) Automotive Parts Business; Higher order, new product

credit term The reason In order to reduce outstanding of unused equipments and create maximum benefits for the Company and its subsidiary, CCTP sold unused equipments to XYZ-Netherlands. 2nd transaction