accelerated spending in the first half of fiscal year. The situation is expected to benefit the company from economic recovery and private investment. In terms of total operating expenses, it usually varies

2017 and remain strong going into 2018. In Thailand specifically, projected growth has been revised up from 3.2 to 3.7% in 2017 and from 3.3 to 3.5% in 2018 on the back of strong private consumption and

acquiring a good quality of bad debt to manage to bring a good return for its shareholders in future and be a No.1 in Private Company Debt Management in Thailand   Management Discussion and Analysis of FS2018

because in Q2-2018, the gross margin on sale and service project was slightly increased. In addition, the selling expenses decreased, resulting the profit in Q2–2018 was a higher than those in Q1–2018

consumption expanded gradually, in line with the expansion of consumption expenditure on durable goods and greater consumer confidence, as well as improvements in farm income. Meanwhile, private investment

has been completed; or b. by a private placement of the Company’s newly issued shares offered to the Seller, with the offering price of 1.00 Baht per share, and the number of issuing shares equal to the

1 August 17, 2018 Subject: Capital Increase for Offering for Sale to Specific Investors (Private Placement), Connected Transaction, Amendments to Articles of Association/Objectives of the Company and

from 2.3% in the second quarter of 2019, mainly driven by expansion of private consumption, government spending and tourism sector. Meanwhile, exports sector continued to contract caused by uncertainty

sector the Thai economy continues to outperform with Q2 growth at 4.6% slightly below Q1 but remaining strong. Private consumption growth was robust in July and August, supported by higher consumer

the previous quarter. The main supporting factors were the return-to-expansion of export goods, private investment as well as a continual expansion of government expenditure. Meanwhile, the new wave of