to the decrease in financial cost. For the nine-month period, the Company had the net profit attributable to equity holders of the Company before gain on fair value adjustment of investment due to

: Thailand Automotive Industry For a period of Q2 2017, total vehicle production volume was 465,411 units, which was 4.3% lower than last year’s volume of 486,506 units. This year-on-year decrease was mainly

the decrease was due to hotel operations in the United Arab Emirates, but increased in performance in Guam. Income from education business was THB 76 million, decreased by 7% Education Business The

its investment in biomass powerplants to account for non-current assets held for sale. UWC plan to reinvest the proceeds in a higher return business to accommodate growth and streamline the company’s

held for sale. UWC plan to reinvest the proceeds in a higher return business to accommodate growth and streamline the company’s efficiency. PERFORMANCE OVERVIEW 2 | MANAGEMENT DISCUSSION AND ANALYSIS

overall selling price decrease, especially for Caustic Soda due to the fall of its market price trend, plus impact from appreciation of Thai Baht against US Dollar. However, those negative impacts were

for the period 86 115 35 Other comprehensive income 0.4 0 0 Total comprehensive income for the period 86 115 35 FINANCIAL RATIOS Return on Assets (%) 6.84 9.36 10.57 Return on Equity (%) 19.17 24.72

first quarter of 2017.  The increased debt resulted in a decrease of the shareholders’ equity of THB 10,349 million to become minus THB 15,651 million.  In addition, in July 2017 the Board of

EBITDA was 111 MB, decreased 56% from quarter 3/2016 which was at 251 MB. Due to the continuous decrease in crude palm oil price since quarter 2/2017, the company realized Stock Loss for Methyl Ester

million, a decrease of THB 266.8 million YoY (or -4.3%) due mainly to lower sales from Beverages segment (THB -276.8 million or -5.9% YoY) and lower OEM bottles sales (THB -72.5 million or –25.4% YoY