of the main customers in South America expanded more branches and the new policy of the Company to sell products to only one customer in some country where the customer has high market shares in

doubtful from pause project and delay payment. But if we excluded this reserve, administrative expense would decrease from some IPO expenditure could deduct premium in paid-up capital. • Selling expense

%, respectively. The higher ratio on a period-on-period basis was attributable to the Company has some fixed costs that unchanged irrespective of the revenue in the first quarter of 2017. Selling expenses The

Baht/ share). Moreover, during the first quarter of 2017, the Group has purchased some land to support the business expansion on property development business (record as investment property). tel:02-455

of new customers even though the production cut of our current customers in some industries still exists. Compare to the revenue of Q2/2016, the revenue slightly improved. The company has invested in R

deferred some finance cost expected to get compensation from its client. Income tax expenses for 1H/2017 amounted Baht 43.46 million, down by Baht 73.91 million or 62.97% The Company and its subsidiaries had

quarter of 2017 but recovered back to normal in 2nd quarter of 2017. However, the sales in the Chinese market was lower than the predicted target due to moving period for some production line to Rojana

providing the financial support, the Company will still have sufficient working capital for operating business. Related persons and conflict of interests Some of the Company directors, namely, Mr. Yanyong

currently in process. The company expects such loan can be repaid within November 15, 2017. Related persons and conflict of interests Some of the Company directors, namely, Mr. Yanyong Kurovat, Ms

Lessee : Woodtek International Co., Ltd. a subsidiary company Lessor : Firstwood Co., Ltd. some shareholders and directors of VNG are also the Firstwood of shareholders and directors. 3. The general