remain the same). In this regard, the Company shall notify if there is any development on this matter. Please be informed accordingly Yours faithfully Mr.Thepchai Sae Yong Chief Executive Officer   F 24-1

January 1, 2017 to December 31, 2017, compared to the same period in 2016, which is recognized revenue from August 1, 2016 to September 30, 2016. For the whole year, the revenue from air freight management

Management Discussion and Analysis for the year ended December 31, 2017 The analysis of operating result for the year ended 31 December 2017 Comparing accumulated operating results with the same

steel domestic consumption decrease which suffered from slow down economics. Other income 21.9 27.7 26.6% A gain and profit in exchange rate comparing to the same period of last year due to efficient

to the same period of last year which was reported at THB 67. 74 million. In addition, Park Court Project which was operated by Munkong Living Co., Ltd. started to record revenue from rent and service

three-month period and the nine-month period by Baht 2.85 million and Baht 3.18 million respectively, due to more delivery of raw milk to the customers compared to those of the same periods last year both

same periods last year both in the three-month period and the six-month period. The decreases were 10.89% and 9.40% respectively. 1.2 Cost of sales and service, Administrative expenses (Unit: Million

more delivery of raw milk to the customers compared to those of the same periods last year both in the three-month period and the nine-month period. The decrease were 9.40% and 9.38% respectively. 1.2

-month period and the six-month period by Baht 0.53 million and Baht 0.34 million respectively, due to more delivery of raw milk to the customers compared to those of the same periods last year both in the

and find a purpose the best benefits of us. The rental rates unchanged. This makes the expense of the same. Please be acknowledged for your information Yours Sincerely (Mr.Wanthana Jaroennawarat