business segment as follows: Sales of goods Flexible Plastic Packaging Segment Sales of flexible plastic packaging was 515.7 Million THB, increased by 40.5 Million THB or 8.5% YoY mainly due to increased

. However, the higher cost of goods sold was lower as it was partially offset by higher production volumes supported by an increase in capacity utilization of Phase 3 at the new plant. The average profit

18 Revenue from sale of goods 2,672.4 2,623.2 49.1 1.9% Cost of Good sold 1,915.5 1,866.6 48.9 2.6% Selling and administrative expense 535.7 518.1 17.6 3.4% Finance costs -1.8 24.3 -26.1 -107.4% Share

5,356.66MB in year 2017. The main reasons for the substantial difference are as follows:  Costs of goods sold decreased by 5% to 4,579.01MB in year 2018 from 4,806.81MB in year 2017. This is because the

contribute high gross margin; 4) marketing activities to help dry stock at trade stores and prepare for new packaging launch in Q3; and 5) increased administrative expenses from higher personnel expenses to

another subsidiary namely Halcyon Tools and Engineering Co., Ltd. as a distributor in the Eastern region. The new subsidiary has part of its customers transferred from existing Company’s customer base as

 In Q4/2017, the Company and its subsidiary recorded total sales of Baht 1,531 million, an increase of 2% YoY, following growth from domestic CMG launching new products as well as continue growth from

branded sales continued to grow remarkably by c.60%, while domestic CMG are back on track for growth from recovered sales plus good feedback of the new product.  Q3/2017 sales grew 9% QoQ due to recovery

compared to the same period last year. The company has been affected by competitors that have imported goods from abroad to sell at low prices. In addition, the company has bought a lot of products in the

in existing branches and new outlets in the future so that the Company will receive extra income and draw customers’ attention. 2. Cost of goods sold and gross profit 3Q18 and 9M18 gross profits