Finance Ministers at the upcoming meeting in April 2016 for endorsement. The Action Plan will drive the ACMF ' s objective of achieving an inter-connected, inclusive and resilient ASEAN capital market, to

Q2’2019 due to wheat prices that have been purchased since the middle of the year together with the strengthening baht at the end of last year. The average capacity utilization rate in the 2nd quarter of

. At the same time, the cost of sales of real estate was 228.52 million Baht, or 64.98% of the revenue from sales of real estate. For the nine-month period of 2018, the Company had the cost of property

the capital invested in the subsidiary, SSK, at the cost price where the term of the payment of share price is limited within 2.5 years. The Company, therefore, recognized the loss from the calculation

comparing to last year, or 9. 63% . The Company planned to improve revenue by adopting sales and marketing strategies, setting up promotion plans as well as increase channels of distribution so that golfers

1 / 5 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS • Explanation and analysis of financial performance for the year at the end of 31 December 2018

32.86 million in 2018 because the Company expanded this unit continuously. In 2018, the fresh buns (butter and milk) have been launched and firstly distributed at Head Office followed by branch sales. The

following reasons. Total Assets As at 31 December 2019, total assets were Baht 2,758 million, increased by Baht 205 million from the balance at the ended of 31 December 2018. This were mainly because the

JAS on 9 Augu ance for the mpany’s aud mpany’s pe hich was low margin stood howed a net which resu ny’s lower n es and finan and Service and service than the sec onth period at 81.11 m from The Ja

30 April 2019 At: ACC/HO 012/19 Re: Management Discussion and Analysis for the Quarter of 1/2019 To: President The Stock Exchange of Thailand In the first quarter of 2019, the Thai economy expanded