structure The Company continues to emphasize the efficiency of management of financial structure, be flexible in time of economic fluctuation and maintain financial costs to be appropriate for business

business transfer would be to improve the management efficiency of The company „s business units. The Company shall transfer part of the Company‟s business which are produce and sell high performance

but a decrease from Bt150.40mn in 2Q18, due to the kiosks depreciation cost and commission; meanwhile, the Company controls service and administrative expenses are efficiency. 4 Forth Smart Service

Normal lifestyle, and build a solid foundation for the company to enhance the business through the application of technology to help facilitate and increase operational efficiency. The company will

quarter, the company has controlled the selling and administrative expenses for more efficiency. However, the Company and its subsidiaries have set aside provision for additional employee benefits at the

target of THB 500 – 800 million through product reformulation, packaging harmonization, raw material cost savings and production efficiency. Osotspa Public Company Limited Management’s Discussion and

Page 1 of 11 Singha Estate Public Company Limited Management Discussion and Analysis 1Q2020 Executive Summary Bank of Thailand, in late March 2020, slashed its forecast for Thai economy from the

to change the image of the brand, prospect customer and planned to change marketing strategy together with the management way for better efficiency. Therefore, the Company sold the right to claim of

and efficiency. In addition, the Company and its subsidiaries have recognized the share of loss of non- controlling interests of the subsidiaries in the amount of 1.77 million baht, a decrease of 11.95

this will increasing efficiency and confidence of the Company to the production and trading of palm oil business including the growth of the Company in parallel with cooperation regarding the renewable