, exporting of cars, buses, transportation vehicles and all types of vehicles. Location No. 88 Village No. 2, Kalong Sub district, Mueang Samut Sakhon District, Samut Sakhon Province, Postal Code 74000 Before

price competition and sale volume as well as Baht appreciation which leads to slow down in exporting thus revenue from sales of electricity and thermal energy declined due to shut down of machine for

price of crude and finished product to make its downward trend. With demand for fuel consumption declining across the globe, combined with the Organization of Petroleum Exporting Countries [ OPEC] and

was exporting new time high because the global price is higher than domestic. In addition, the price of raw materials abroad is higher than in local. However, the Company aware of the price fluctuation

health and esthetics. 2. Overview of operating results for the year 2019. Thai’s economic has trend to growing lower continuously, Not only exporting business but Travelling business also have trend to

pandemic. The pandemic severely affects both external and domestic demand in tourism, manufacturing, and exporting sectors, as well as softens private consumption indicators. The outbreak also led to

The opinions of the Independent Financial Advisor on the connected transaction (For the purpose of translation only) 0 The opinions of the Independent Financial Advisor on the connected transaction by Thai Wacoal Public Company Limited Presented to Shareholders of Thai Wacoal Public Company Limited Prepared by 8 March 2019 This English report of the Independent Financial Advisor’s Opinions has been prepared solely for the convenience of foreign shareholders of Thai Wacoal Public Company Limited...

remains high, despite the Organization of the Petroleum Exporting Countries (OPEC) and their allies strictly enacting their oil production reduction plan. The agreement between OPEC and their allies states

% domestic. Therefore, the exporting expenses were reduced when compared to 2017. Administration Expenses The Company and subsidiaries’ administration expenses of 2018 was 97.27 million Baht which increased by

expectation, Not only exporting business but Travelling business also have trend to growing less than expected and moreover Thai foreign exchange rate of the Baht was appreciate that cause Financial