Analysis (MD&A) 2019 Page 3/8 profit equal to 67 million Baht. It was due to a result of the strict credit control by the Company, causing an increase in revenue from collecting (Bad Debt Recovery

1 August 17, 2018 Subject: Capital Increase for Offering for Sale to Specific Investors (Private Placement), Connected Transaction, Amendments to Articles of Association/Objectives of the Company and

mall management and effective operating costs control The Thai economy in 2Q17 continued to expand and recovered at a modest pace, driven by export of goods which showed a high expansion, and the tourism

consumption remained subdued amid concerns about the ongoing Omicron outbreak and rising inflation. The demand from the traveler segment also remained soft albeit slight increase in tourist arrivals. These have

increase production capability and shorten lead time for sales to customers in the US and nearby countries 2. To expand distribution network in the American continent and create opportunity for more income

increase business opportunity and to generate the better returns on a long-term basis. (10) Funding source : From the Company’s working capital (11) General description of connected transaction Type of

 Analysis Quarter 1 2018 sales revenue for the group increase 10% year‐on‐year in USD terms to USD 165m in Q118 from USD 149m in Q117. The average exchange rate for Q118 was 10% stronger at THB/USD 31.5 from

will increase during the last quarter of the year. 2. Revenue from services Revenue from services for the three-month period was THB 185.1 million, increased by THB 2.1 million or 1.2% from the prior

the parent) of Baht 258 million and earnings per share of Baht 0.13 for 1Q2018, an increase of 14% when compared to consolidated profits (attributable to equity holders of the parent) of Baht 226

of dividend, schedule of Annual General Meeting of Shareholder for the year 2019, capital increase by allocating via general mandate, an increasing of investment cost in Carnival Magic Project, and