the company achieved expansion loans target while the domestic economic recovery. The total income was 839.71 million baht, an increase of 92.04 million baht or 12.31%. Interest expenses were 222.13

million baht from the previous year. 1.3 In addition to the other incomes in 1.2 there are also the following incomes : Unit : Million baht 2017 2016 Interest income 1.99 2.53 Dividend received 97.68 111.39

businesses of FVC. This is expected to generate income and profit to the Company, then, makes the Company gain much more improved financial position and operating performance that leads to value-added

core businesses of FVC. This is expected to generate income and profit to the Company, then, makes the Company gain much more improved financial position and operating performance that leads to value

million or decrease by 56.07% , the main reasons are as follow : 1. Revenue from sale , Other income The company had revenue from sale for year 2017 of Baht 350.59 million, compare with previous year amount

Exchange of Thailand N.D. Rubber Public Company Limited (“the Company”) would like to present the MD&A of 4th quarter of 2017 as of 31 December 2017 as follows: QoQ % YoY % THB'm % Income 216.43 213.57

baht which increase 281.83 million baht or 25%. Due to increasing of project operation. 2. Other Income as 8.42 million baht by compared with the 10.97 million bath was decrease 2.55 million baht or (23

rate (4.3) (0.3 %) (6.8) (0.5 %) (36.5 %) Net Profit before Tax 208.9 13.7 % 291.9 22.3 % (28.5 %) Corporate Income Tax (66.7) (4.4 %) (57.5) (4.4 %) 16.0 % Net Profit 142.2 9.3 % 234.4 17.9 % (39.4

(12.16) (9.99) (13.27) (12.99) (1.11) (8.39) Financial cost (0.12) (0.10) (0.21) (0.21) (0.10) (44.96) Profit (loss) before income tax expenses (7.64) (6.27) (13.36) (13.08) (5.73) (42.86) Income tax

). Revenue has decreased 5.78 million baht (ratio 11.34%) due to sale local decreased by 3.94 million baht, decreasing return estimates 1.45 million baht, rental income increased 0.08 million baht, other