E_1 Legal_FA_2015_12_29-c A WWCCoorrppLL44..11hhiigg A Executive Summary 1 Management Discussion and Analysis For the Year Ended December 31, 2017 In 2017, Thai economic growth gained traction, buoyed by strong recoveries in tourism and exports. This growth momentum is expected to carry on into 2018, especially amid a brighter outlook in public and private investment. Nonetheless, the business sector remained challenged by new modes of competition in a broader marketplace amid the advancing digi...

previous year Baht 4.6 million. The main reason resulted from gains on exchange rate increased Baht 3.1 million against the previous year’s loss income was Baht 4.8 million which classified into

gains on exchange rate increased Baht 3.1 million against the previous year’s loss income was Baht 4.8 million which classified into administrative expenses. Any other incomes increased Baht 1.5 million

gains on exchange rate increased Baht 3.1 million against the previous year’s loss income was Baht 4.8 million which classified into administrative expenses. Any other incomes increased Baht 1.5 million

year faced with loss on exchange rate Baht 1.1 million, which classified into administrative expenses. In addition, the subsidiary’s other income increased Baht 0.6 million. Expenses  Selling and

sales and services to the international sales and services in 2017 is 81.0 percent to 9.6 percent respectively. -2- Revenues Classified by Distribution Channels 3 Months in 2018 3 Months in 2017 Variation

quarter 1/2018 4. Trading began to recognize revenue in quarter 1/2018 Operating results classified by business are as follows: Management service business Revenue from management service decreased Baht

.06%, mainly due to decreasing of current investment in amount of Baht 15 .00 million (because it reached the maturity term and became 3-months deposit so it was classified as cash and cash equivalent

thus non-current assets as classified assets held for sale are sold as at December 31, 2018 as of 152.17 Million Baht  Non-current asset as amount of 2,776.26 Million Baht decreased of 276.20 Million

subsidiaries recorded Baht 1,396.37 million and Baht 1,022.48 million, respectively, increased by Baht 373.88 million or 36.57 percent. According to the Company's plan, the revenue can be classified as follows