funds speculation and global sugar supply forecasted to be surplus in 2018. As a result, the Company recorded average export price increase from 16,557 THB/ton to 14,792 THB/ton or decreased by 11

7.32%. Revenue decreased from revenue from Sales Baht 646.41 million, decreased by 8.07%, from sales in material product group due to fluctuations in global markets from US and EU policies. Used

and will open up the possibility of integration into its existing businesses. The combination of a strong local company with recognized products and deep insights into the market with IVL’s global scale

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

reflect the decrease in prices of global raw materials; and the reduction in sales of major export customers. The company recorded domestic sales of 269.01 million Baht which increased from the same quarter

global innovation center in the UK with a total film/polymer capacity of 277,000 tons per annum This acquisition will mark a new chapter for IVL. It is the next step in creating a leading position for

price to reflect the decrease in prices of global raw materials; and the reduction in sales of major export customers. The company recorded domestic sales of 411.75 million Baht which increased from the

the global economic downturn in overall sectors as compared to previous year. 2. Cost of sales For the year 2017, the Company’s cost of goods sold was Bt. 101,016.22 million or 94.50% of sale revenues

• การลงทุนในหน่วยลงทุนมิใช่การฝากเงินและมีความเสี่ยงของการลงทุน ผู้ลงทุนควรลงทุนในกองทุนเปิดแมกซ์ 1 กองทุนเปิดไทยพาณิชย์ Global Sustainable Equity : SCBGEESG หนังสือชี้ชวนส่วนข้อมูลกองทุนรวม กองทุน

million, increased for 51.02% from year 2017. The increased of financial cost was mainly in related to support the Company’s and its subsidiaries’ operation as well as the global economic uncertainties