exchange rate (22.3) (1.6 %) - - - Net Profit before Tax 200.1 14.2 % 257.5 20.4 % (22.3 %) Corporate Income Tax (40.1) (2.9 %) (55.4) (4.4 %) (27.7 %) Net Profit 160.0 11.4 % 202.1 16.0 % (20.8

expansion. In total, the Group opened a total of 100 new branches, divided into 71 equity branches owned by the Group and 29 franchise branches both domestic and international. Most new branches were under

lockdown in many countries around the world including Thailand. But the negative impact on domestic consumption, manufacturing and export sectors persisted in this quarter, despite improvement from the

caused, revenue from sales of domestic and export decreased about 12% and 18% respectively. Analysis of Profit (Loss) of company and its subsidiaries In 2018, the company and its subsidiaries have loss for

was mainly due to lower production for export. Domestic sales in Jan-Mar 2017 grew 15.9% year-on-year to 210,490 units, compared to 181,560 units in Jan-Mar 2016. This was attributable to introduction

from domestic and export sales especially from markets in Indonesia India Peru Philippines and Singapore • Gross profit margin Q2/2017, the Company and its subsidiaries have the total gross profit of 80

Tube Business: The sale volumes increased in line with the expansion of motorcycle production comparing to the same period last year. About the production for domestic sales, it dramatically expanded in

in the amount of 1,321.9 million Baht, the amount close to the same quarter last year. Domestic Sales: Revenue from sales in the first quarter was 569.3 million Baht, an increase of 12.0 percent

Gross profit 47.04 31.23 34.05 2.82 9.03 -12.99 -27.62 Profit (Loss) from exchange rate -0.21 0.54 3.24 2.70 500.00 3.45 -1,614.02 Other Income 1.46 2.1 2.02 -0.08 -3.81 0.56 38.36 Gain from bargain

Analysis | 2 Executive Summary In 2Q2018, Domestic palm oil production has increased as well as in other countries, consequence to lower Crude Palm Oil (CPO) prices and Crude Palm Kernel Oil (CPKO) prices