881 Website: www.aapico.com Management Discussion and Analysis for the 2nd quarter of year 2017 3 Malaysia (AQI), interest income of Baht 22 million from a synthetic convertible loan to Sakthi Global

Fatty Alcohols (FA) market, in 1Q2018, it was better than 1Q2017, as Natural FA price was being more competitive to Synthetic FA price. This was mainly due to softer CPKO prices. From above reasons, GGC

and services increased by 10.87% from last year due to the sharp increment of raw material prices during Quarter 2 to Quarter 3 especially in natural rubber, synthetic rubber and chemicals groups. The

USD 50.00 million or equivalent to approximately Baht 1,761.00 million and (2) grant of a synthetic convertible loan by the Company to SGAH at the amount of USD 50.00 million or equivalent to

Service 563.97 550.23 13.74 2.50 - Structure Mechanic and Pinging (SMP Service) 343.49 359.85 (16.36) (4.55) - Civil & Building Services 341.86 86.67 255.19 294.45 - Fabrication and Other services 137.77

2,358.52 Million Baht. However, per IFRS 15 (revenue from contracts with customers) the Group could not record revenue for procurement and fabrication service which not yet deliver to the client. As IFRS 15

Piping (SMP) and Electrical and Instrument service, 3. Civil and Building service. 4. Fabrication and Other service. For the Group’s 2017 operation ended 31 December 2017 could summarize as follows

Mechanical Piping (SMP) and Electrical and Instrument service, 3. Civil and Building service. 4. Fabrication and Other service. For the Group’s 2017 operation ended 31 December 2017 could summarize as follows

. Manufacturing and Selling of Tooling and Metal Fabrication unit: THB million 2019 2018 Change (THB million) Change (%) Revenue from External Customers 14.60 13.92 0.68 4.89% Total Revenue 14.68 14.00 0.68 4.89

34.65 - งานให้บริการผลติและบริการอื่น (Fabrication and Other service) 119.78 2.53 117.25 4,634.39 ต้นทนุบริการ (368.25) (333.53) 34.72 10.41 ก ำไรขัน้ต้น 46.09 41.01 5.08 12.38 รายได้อื่น 2.70 0.27 2.43