comply with the terms and conditions of the loan agreement with the commercial bank. (6) Factors Having Impact on Future Operating Results The economic situation for year 2018 is expected to recover going

economic uncertainty caused by the trade war between US and China, the conflicts in the Middle East and the unpredictability of the political situation in Europe. These factors have impacted to Thailand

protest in Hong Kong, the opening date of the branch may have to be reconsidered, waiting for the situation to relieve. However, despite the postponing of the opening date, the subsequent impact of the

Highlights Opening of major outlets has been slowed down while pop-up stores are more in focus Responding to the moderate economic situation in Thailand, After You has slowed down branch investments and

per year. The investment budget for these projects is estimated to be around THB 1,200 - 1,500 million per year. However, this expansion plan can be adjusted depending on changes of future situation

may vary if any factors or situation are changed in the future; the investors are, therefore, required to have their own discretion regarding the usage of this information for any purpose. For further

recording NRV in the past few quarters, affecting the profitability of the Company. This situation affects all entrepreneurs in the palm oil industry as a whole. At present, the Company uses a strategy to set

tons per year. The investment budget for these projects is estimated to be around THB 1,200 - 1,500 million per year. However, this expansion plan can be adjusted depending on changes of future situation

global raw materials and the increasing in competition among entrepreneurs under the situation of excess supply from products and raw materials coming in from various countries. Therefore those factors

weaker to previously average level. Amongst uncertain situation in many countries, Thailand’s post-election government was formed in June. That was a positive factor to promote the country’s stability in