Microsoft Word - MDA 2017 EN SET Final.docx Page 1 of 5    L-WAVE ENT 28/2018 28 February 2018 Subject: Report on reasons of change to profit (loss) and analysis on operating results by the

Factory which was fully recognized in the first half of the year since the Company acquired such machines in April, May and August 2017. This resulted depreciation expense to be increased by 0.83 million

SEC Office acquired any personal data to which you did not give consent to the SEC Office; Right to rectification: You have the right to request the SEC Office to rectify data or to add additional data

SEC Office acquired any personal data to which you did not give consent to the SEC Office. Right to rectification: You have the right to request the SEC Office to rectify data or to add additional data

to be recognized in 2018. (Unit : Million Baht) 2018 2017 Change % Change Operating revenue 406.54 351.36 55.18 15.70% Operating cost 337.23 293.88 Gross profit 69.31 57.49 11.83 20.58% Gross profit

a subsequent date, result in a change in control of the issuer. 2. Disclose the major shareholders who beneficially own a 5% or more of each class of the issuer’s voting securities. B. Related Party

on 18 April 2019. Progress Report on Acquisition of Glow Energy Public Company Limited (GLOW) On 14 March 2019, the Company acquired both directly and indirectly the shares of Glow Energy Public

 auditor. In the past six months, the Company  has not acquired any assets.    4. Detail of the Acquire Assets  a. Nature of Business  b. Name  :  Ekachai Internation Co.,Ltd. (EKI)   c. Address  :  99/9 Moo

 2017, audited by the certificated auditor. In the past six months, the Company  has not acquired any assets.    4. Detail of the Acquire Assets  a. Nature of Business  b. Name  :  Ekachai Internation Co

institutions which may cause widespread repercussions and rapid changes. Having studied this law and made preparations for the change, we are confident that we will be able to accurately and fully comply with