percent. To : President, The Stock Exchange of Thailand NCL International Logistics Public Company Limited and its subsidiaries (“NCL Group”) would like to clarify the description and analysis of the

good. While for the gross profit margin, the Company gain a better result with 20.71% in Q1/2018 to 20.89% in Q1/2019. 2.2. Distribution costs for the first quarter of 2019 was in the amount of 1.82

, primarily due to business combination consolidated TBSP Public Company Limited (“TBSP”) since April 4, 2018. Excluding TBSP, Company’s core revenues increased by 4.3% or THB 14 mil from q-q. For 6M19, Company

of the year 2019 due to the management of distribution channel by closing some ELEGA showrooms that could not generate income as planed and stopped to run the business of Can Do Thailand. However, the

the last quarter of 2017, starting to be used in production during the first six months of this year which resulted to cost of sales of goods to be increased in this period. 2.2. Distribution costs for

from last year or 208.95 Baht. This is mainly due to the fact that in 2017, GWM’s revenue streams are mostly from medical product distribution as the hemodialysis solution production plant was still

equivalent to 1.5 percent from 9M 2017 because the sales from the frozen foods, sausages, in the supermarkets and retail malls and OEM products declined. Revenues Classified by Distribution Channels 9 Months

, 2018 To : President The Stock Exchange of Thailand K. W. Metal Work Public Company Limited (the “Company”) would like to submit management discussion and analysis for the quarter ended September 30, 2018

SAAM Energy Development Public Company Limited - 1 - 4 January 2019 Subject: Management Discussion and Analysis for the 9-month ended 30 September 2018 To: The President of the Stock Exchange of

. Currently, the Group has backlog for construction service in oil and gas sector totaling of 3,159.13 Million Baht. 3. Distribution costs decreased amounting to 0.41 Million Baht, accounting for 29.71% from