of new shares (IPO), Baht 295.00 million Temporary investment Because the money received from the sale of shares to deposit in fixed account., Baht 14.70 million in trade and other receivables, Baht

-TRANSLATION- 25 February 2019 Subject : Management Discussion and Analysis for 2018 Attention : President The Stock Exchange of Thailand An overview of the results in the passing The performance in

decrease by Baht (10.64) million Trade and other receivable decrease by Baht (13.17) million Inventories increase by Baht 4.61 million Other current assets decrease by Baht (22.69) million Investment in

political crisis in many country including War trade crisis between USA and China however the global economy still has continuously growing up. While Thai’s economic has trend to growing lower than

-TRANSLATION- 25 February 2020 Subject : Management Discussion and Analysis for 2019 Attention : President The Stock Exchange of Thailand An overview of the results in the passing The performance in

-TRANSLATION- 11 August 2017 Subject : Management Discussion and Analysis for Q2/2017 Attention : President The Stock Exchange of Thailand An overview of the results in the passing The performance in

1,210 15.2% 624 7.8% Trade & other receivables 763 9.6% 851 10.6% Equipment – net 1,503 18.8% 1,620 20.2% Investment in JVs, associates and other long-term investments 1,373 17.2% 1,349 16.8% Goodwill and

-TRANSLATION- 14 November 2017 Subject : Management Discussion and Analysis for Q3/2017 Attention : President The Stock Exchange of Thailand An overview of the results in the passing The performance

359.39 million baht comparing to September 30th, 2016 mainly due to the increase in sales as well as trade and other receivables around 141.42 million baht. Besides, this year the Company has managed the

payment. The decrease was offset by the increase in 1) trade and other receivables of THB 69mn (see Trade and other receivables section), 2) prepaid expenses of THB 21mn, and 3) other current assets of THB