. the Fiscal Policy Office; the Office of Small and Medium Enterprise Promotion; the Department of Business Development, Ministry of Commerce; the Department of Industrial Promotion, Ministry of

of the Investment Banking Club (IB Club), and representatives from Department of East Asia (Ministry of Foreign Affairs), Fiscal Policy Office (Ministry of Finance) and Federation of Thai Capital

ที่บชง Page 1 of 4 Ref. Bor Chor Ngor 0048/2020 26 February 2020 Subject: Management Discussion and Analysis of Operating Results for Fiscal Year 2019 To President The Stock Exchange of Thailand

November 13, 2018 Subject: MD&A for the financial statements of the 3rd quarter of fiscal year 2018 ended as of September 30, 2018 To: The President The Stock Exchange of Thailand Aapico Hitech Public

year, due to the delay approval process of budget expenditure of the government for the 2020 fiscal year. - Revenues from sales and beauty treatment services in Q2/2020 were THB 4 million decreased by 92

institution, enabling us to cope with possible economic fluctuations in a timely manner. C Contents Page Executive Summary A 1. Overview of Operating Environment 1 1.1 Global and Thai Economy in 2017 and

is to build a conducive environment to support listed companies in their ESG integration. The social aspect, in particular, includes human rights and gender equality. This is in line with the 20

procurement. (In case of financial institutions, specify financial sources and loans); (b) If the manufacturing process or treatment of raw material wastes affects the environment, clarify the Company's actions

construction equipment was not sold this quarter. Revenue from rental equipment decreased 5.91%, achieved Baht 409.36 million due to the slowdown of investment environment throughout the country and mega project

increased 6.42%, achieved Baht 435.09 million due to the slowdown of investment environment throughout the country. Cost of goods sold and services decreased in portion of decreasing revenue but expenses were