Discussion and Analysis | 2 Executive Summary In quarter 3/2017, palm oil production both in Thailand and International Market continuously remained high after the impact from El Nino has ended. Thailand crude

water shortage warning level. Water supply in the main reservoirs was lower than the 10-year average due to impact of the 2019-2020 drought. Nevertheless, the Meteorology Department climate forecast

related to insurance business and property development cost in subsidiaries. Moreover, the Company’s manage inventory level down to 1,300.8 million baht as compare to the end of Q2/2018 at 2,092.4 million

” means the Thai Bond Market Association which has been licensed by and registered with the SEC Office. The terms "credit ratings", "registration statement", "listed companies", "high net worth

government has policies to help the cost of living of people at the grassroots level, it focuses on spending of the essential consumer products only. Products of the Company: For Medical Devices; There is

increase 27.74% , because the company added the employee at management level to align with appropriate organizational restructuring . 7. Financial cost In Q3/2017, the financial cost was Baht 0.47 million

card were 7,490 million baht, showing an increase of 683 million baht or 10% y-y. This was the result of the Company has cooperated with many high-potential leading business partners to increased member

goods. Also, the price of domestic products could gradually increase that served middle to high income consumers. In Q4/2018, Cost of manufacture will be continually increasing as trend of oil and

improvements but certain limitations still remain 1) Structural problems in the Thai economy leading to a still low level of private consumption 2) The appreciation of Thai Baht due to the high current account

Management Discussion and Analysis Analysis of Overall Performance The distribution business of the plastic resins, plastic, and petrochemical related products needs relatively high working capital. The key