Exchange of Thailand Business Overview In the year 2018, the Thai economy remained stable with the volatility of global economy including the impact of the trade war between the United States and China

Company’s product selling price. Due to the undersupply of CPO in the market, the price has been continuously declined and more severe. The price fluctuation has begun since July 2016, where the price up to

fluctuation of CPO price since sometime the Company is unable to adjust its costing inline to the market price continuously and severely. The fluctuation of the price of CPO may affect the earning of the

policies to be used as a guideline to cope with the volatility of crude palm oil prices by focusing on the importance of purchasing and managing raw materials turnover at 30-45 days, sufficient for

signs of recovery in many areas, factors that still need to be monitored include 1) the continuing trade tensions between the US and trading partners, particularly China which may impose risks to the

small and mid-cap companies, which involve additional risks such as limited liquidity and greater volatility. The Fund invests in securities outside of the U.S. which involve greater volatility and

% to 24% in 1st quarter 2018. World sugar price volatility At the beginning of 2017, world sugar price has climbed up to 20 cent/lb then dropped sharply to 13 – 14 cent/lb at the beginning of 2018 due to

างสูงมากและคงที่ ไมไดแปรผันตาม Historical Volatility ของปจจัยอางอิง และสวนใหญไมไดมีการเปดเผยคา Implied Volatility ไวอยางชัดเจน หรือในกรณีที่มีการเปดเผยขอมูลก็เปนการเปดเผยขอมูลในลักษณะ

. The main reason that the revenue from sales has decreased due to the Rubber wood kiln dried sawn timber which is the main business of the company in 2018 has highly volatility of the market that caused

of 23%. The details were as followings; Revenue decrease due to World sugar price volatility At the beginning of 2017, world sugar price has climbed up to 20 cent/lb then dropped sharply to 13 - 14