17.3% over the same period last year. This is in accordance with the Group strategy to increase gross profit of house brand products to 20% within the year of 2022. 3. Selling and administrative expenses

1 | MANAGEMENT DISCUSSION AND ANALYSIS FOR Q1-2020 Management Discussion and Analysis Q1-2020 14 May 2020 KEY EVENT IN Q1-2020 After UWC announced a corporate and business strategy restructuring in

deferred tax assets of 2.9 million baht. In addition, there was an increase in investment properties as a result of changing the strategy of the real estate business in the amount of 16.7 million baht. (2

past, there are significant changes in groups including management structure, business operation structure and management strategy in order to increase business efficiency and growth, moreover suspend

Company operates with our corporate strategy to balance its business units by diversification in revenue structure and risk into 3 main businesses supporting each other and focusing on Healthy & Beauty

strategy to balance its business units by diversification in revenue structure and risk into 3 main businesses supporting each other and focusing on the business of Healthy & Beauty. Although the economic

Company has acknowledged the situation and adjusted the strategy and marketing plans accordingly to minimize the impact, by focusing in expanding the customer base and emphasizing in online channel

of NRI CIS: (more than one answer is possible) Equity Fund Fixed Income Fund Multi-Asset Strategy Fund Money Market Fund Feeder Fund Fund of Funds Exchange-Traded Fund Index Fund Capital-Guaranteed

Unit trust Any other structure acceptable to participating jurisdictions 5) Type of NRI CIS: (more than one answer is possible) Equity Fund Fixed Income Fund Multi-Asset Strategy Fund Money Market Fund

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