reduction of 3.0% Q-o-Q and 9.5% Y-o-Y, while sales revenue in USD terms grew by 1.0% Q-o-Q but declined by 8.9% Y-o-Y. The lower revenue recognition in Baht terms was due to the strengthening Thai baht

in recurring revenue was insufficient to offset the reduction in non-recurring revenue. T.662 636 6999 F.662 646 4200

reduction program, re-negotiating rental fees for all stores to delay cash outflow along with maintaining liquidity and financial status. As for operations, the Company will closely monitor the situation and

in Q1 2017 to 31.71 THB/USD in Q1 2018. As a result of the ceasing of the zinc operations, the sales volumes of imported metals reached 96% of total sales in Q1 2018. Unit : Baht million 2017 Sales and

for the year-ended 31 December 2019 was 748.4 million baht compared to 991.3 million baht the same period last year, decreased 242.9 million baht or 24.5 percent due to the reduction of newspaper and

cost of sales and services for the first quarter of 2020 was 23.5 million baht compared to 28.5 million baht the same period last year, decreased 5.0 million baht or 17.5 percent due to the reduction in

5.9% Q-o-Q, but a reduction of 0.6% Y-o-Y. Total Sales revenue in USD terms grew by 5.8% Q-o-Q and 7.6% Y-o-Y, while PCB shipment value raised 6.55% Q-o-Q and 9.89% Y-o-Y (Table 5). The Y-o-Y Sales

effect in 2017 that represented a reduction of about 2% on average and a fire incident on June 18 that caused a backlog of order valued more than USD 2 million by the quarter end. However, consignment

that took effect in 2017 that represented a reduction of about 2% on average. However, consignment sales were almost fully realized in the current period. The Q-o-Q decrease in revenue was primarily due

Microsoft Word - MD&A Q2-2019 (revised 2) (1).docx                 August 6, 2019 Reference no. RWI /RY/011/2562 Subject : Management’s Discussion and Analysis of Business Operations of the Second