net profit in Quarter 1/2018 was 1.91 million baht because the lacking of the main raw material that have the affect on products cannot send to the clients in time. But the expenditures are decreased in

materials (Pig iron, shredded scrap) the price movement of the main raw materials, i.e. scraps and pig iron, had more fluctuated since the first quarter of 2016, by increasing in the first and the second

combination of higher amount of raw materials using than standard setting (BOM Calculation) in Flexible Packaging production line, , especially the printing color, because the new order need a longer set up and

follows : 1. Income from medical treatments in the consolidated financial Statement went up 6.42% due to income from Chiang Mai Ram Medical Business Plc.”CMR”, a subsidiary amount Baht 3,935.33 million went

revenue on 1st quarter of year 2019 increased 50.58 percent from the same period of last year. Main attribution is increasing in sales quantities from 2nd production line. However, continuously decreasing

profit margin was slightly brought down by 0.9% of gross profit margin due to turnaround costs and the rise of main raw material prices from tight supply plus greater crude oil prices. 2. In Q2 2018

baht in Quarter 2/2017 increased by 3.09 million baht or (1.34%) because the cost of sales and services were increased because some raw materials are a little bit increased. The sales expenses amount

* Note Please find further information in the consolidated financial statements. 1 12th November, 2019 Subject: Management Discussion & Analysis (MD&A) for the 3rd quarter of 2019 Attention: The

of the liabilities was from lower of trade accounts payable due to lower prices of raw materials, offset with higher * Note Please find further information in the consolidated financial statements. 5

10% from those of 31 December 2017. The major increase item is raw material which is aimed to promptly support the expected higher production volume in second quarter. Investments in associated