-9320 1 Ref: PCL 2019/003 February 20, 2019 Subject: Management Discussion and Analysis Yearly Ended 31 December 2018 To: The President of the Stock Exchange of Thailand Panjawattana Plastic Public

: Thailand Automotive Industry Total vehicle production volume in Jan-Mar 2017 was 485,555 units, which was 4.2% lower than a production volume of 506,874 units during Jan-Mar 2016. This year-on-year decrease

บริษัท เอบิโก้ โฮลดิงส์ จํากดั (มหาชน) 401/1 หมู่ 8 อาคารเอบิโก้ ชัน 5 ถ.พหลโยธนิ ต.คูคต อ.ลําลูกกา จ.ปทมุธานี 12130 โทร - - โทรสาร - - Management Discussion and Analysis (MD&A) ABICO HOLDINGS ABICO

Microsoft Word - MDA Q1.2019 EN_Final Page 1 of 3 GEL.CS.004/2562 14 May 2019 Subject: Management Discussion and Financial Analysis for the operating results of the first quarter of 2019, ended March

-9320 1 Ref: PLC 2018/012 August 13, 2018 Subject: Management Discussion and Analysis Quarter 2 Ended 30-June-2018 To: The President of the Stock Exchange of Thailand Panjawattana Plastic Public Company

submit the report of Management Discussion and Analysis for the year ended 31 December 2020 which has been audited by the auditor this is caused by followings: The Operating results of the company and its

Company Limited --> MTC 3. Character of Transaction : KYE entered into the Thai Baht Pooling Service Agreement with MTC Whereby MTC : Agree to provide management service relating to Thai Baht current

Δ %YoY Profit (Loss) from the operation for the period 3 Months 3.3 (26.0) 29.3 112.7% 6 Months (23.1) (57.8) 34.7 59.9% Overall, The Management gives priority to the net profit by increasing revenue

processed food, production re-evaluation leads to better raw material cost, packing cost and yield management. Other income Other income amounts to 22.0 Million Baht, increased by 7.2 Million Baht or 48.6

operating loss stores and to reduce wastage from the production process and storage process as well as to improve purchasing management by sourcing the new suppliers, which result in a decrease of the