liquidity problem of an issuer of bills of exchange, which was material information for investment decision making of investors. Her misconduct was deemed failure to give advice or information to

from sales: details as follow. The decrease in sales revenue is a result of the reduced sales volume. Due to the fluctuation of raw material prices and exchange rates in the past, the company has to

the THB/USD exchange rate when material purchased in Q419 was 3% stronger than Q120 [+3%] and exchange rate when material purchased in Q418 was 4% weaker than Q119 [-4%]. Page 1 of 3 Operating Profit

Ref. No. 1805/025EN May 14, 2018 Subject Management Discussion and Analysis for Q1/2018 (Ending March 31, 2018) To Director and Manager of the Stock Exchange of Thailand Ubis (Asia) Public Company

December 31, 2017) To Director and Manager of the Stock Exchange of Thailand Ubis (Asia) Public Company Limited (“the Company”) would like to clarify on the performance and the financial status for the year

(39 percent in year 2016) which from the effects from the increasing of the main raw material and the currency fluctuations in exchange rates  Sales Expenses Year 2017, the Company and its subsidiaries

Electrode’s price which is a part of conversion cost higher than same period of last year. Net gain on foreign exchange rate Consolidated net gain on foreign exchange amounted to Baht 287 million. The gain is

- Tolling - - Reversal of bad and doubtful debts - 8 Reversal of provision for loss on purchase orders - - for undelivered raw material 9 178 (1914%) Net foreign exchange gain 334 268 20% For the three-month

confirmed purchase orders for undelivered raw material 39 0 (100%) Net foreign exchange loss 123 0 (100%) Finance costs 62 127 52% Total expenses 3,185 4,005 20% Profit (loss) for the quarter (476) (432) 10

exchange gains 71 0 100% (Reversal of) loss on confirmed purchase orders for undelivered raw material 3 0 100% Other income 19 12 56% Total income 4,022 7,828 (49%) Expenses Cost of sale - Cost of goods sold