Baht increase over the same period of the previous year 24.32 million baht or 16.20% percent mainly resulted from types of raw natural rubber Synthetic rubber and chemicals increased proportionally order

of 2 due to the ceasing of zinc business. The exchange rate of THB against the USD in year 2017 appreciated to 34.11THB/USD compared with 35.47THB/USD of year 2016. Due to an increase of LME zinc price

. Meanwhile, net plant and equipment increased by Baht 49.62 million from building under construction at Chonburi branch to support business expansion and investment for production line improvement of spray

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

raw materials on 29 Jun 2018 and 31 Jul 2018, the company recorded expenses from raw materials derogation amounting to THB 2,004 million and tax income from deferred tax assets from such provision

from sales of raw materials of THB 18.71 million or 1.82% of Palm Oil business. 1.2 Revenues from sales of Edible Oil (Palm Olien) to total revenue for the 2nd quarter of 2015 and 2014 were 13.29% and

Thai restaurants in the UK in 4th quarter of 2017. In consideration with the total 526 branches of restaurant and bakery shop in both domestic and international business that company currently operate

1 | MANAGEMENT DISCUSSION AND ANALYSIS FOR Q1-2020 Management Discussion and Analysis Q1-2020 14 May 2020 KEY EVENT IN Q1-2020 After UWC announced a corporate and business strategy restructuring in

Summary 3 Operating Performance 4 Market Overview by Business 6 ▪ Market Overview of Methyl Ester Business 6 ▪ Market Overview of Fatty Alcohols Business 8 Operating Performance by Business Unit 10 ▪ Methyl

Company has 3 subsidiaries, Aurum and Aurum Company Limited, M&M 2007 Co. which operates raw material and equipment sourcing and import, and After You Hong Kong Limited (not yet operated) , together with