year due to some initial cost of ramping up of the UHT OEM operation in this quarter. 2/5 Food business The food cost of sales increased according to sales growth. However, the ratio of food cost to
opportunities to generate income both domestically and internationally. The disposition of Power Plant business brought up financial liquidity to enable UWC to focus on investments in its core business as well as
this quarter. Due to the fact that the Company started to run production in 2nd Factory for commercial in July 2018 with the capacity of 25% from full capacity, resulted to the remaining 75% of
-up capital) by issuing 360,683,271 newly issued ordinary shares, with a par value of THB 0.10 per share to be offered to specific persons (Private Placement) in order to provide the Company’s with an
spending during the remaining of 2017, encouraging by signs of growth cylinders including consumption and exports growth subsequently led a GDP expansion of 3.3%2 in the first quarter of 2017. The Bank of
shareholding in TSE had decreased from 20% to 10% of the paid-up capital of TSE. However, under the Company’s financial statements, the accounting method used for recognizing share of profit from investment in
wholly- owned subsidiary of MACO, to acquire the remaining 42,000 shares (or 30.0%) of Multi Sign with a total investment of THB 203mn. Multi Sign’s network - On 7 March 2018, Volvo Lightening-powered
expected to enhance MACO’s media management’s capabilities under our digitalisation strategy both in Thailand and overseas. Moreover, MACO has acquired the remaining shares of Multi Sign, taking our stake to
its newly issued shares within Q2 2020/21. The remaining of 10.0% investment through the purchase of existing shares is expected to complete within Q3 2020/21. About VGI Vietnam VGI Vietnam is a leading
sector’s growth slowed down and private investment slightly dropped. However, private consumption continued to hold up, partly due to improvements in non-farm income and government measures to support low