the 2019, HM has more free production capacity to support external customers. In second half of 2019, HM received more orders from the products that passed main overseas customer’ testing and was able

covers four main areas, i.e.,  fundraising, market and intermediaries, , financial products, and SEC organizational development.   Fundraising: upcoming important projects include introduction of

of rubber which is the main raw material for production and the continuous appreciation of the Thai baht. Transaction For the Year ended 31st December Unit 2017 2016 Gross Profit Ratio % 15.60 21.05

to continuous increase in Equity MW from Small Power Producer (SPP) capacity expansion serving increase in demand of Industrial customers of approximately 5%. The main distributions were from GNLL

exports to reduce from the previous year. Furthermore, the sale of goods to foreign countries has been affected by the continuous appreciation of the Thai baht. Domestic consumption trend continues to

. . Overview of operating results in the Quarter /. The overall global economy still has growth direction in fine criteria from continuous consumption of private sector mainly covering with supportive factor

. Water level in the main dams increase without water shortage problem. Farmers were able to cultivate new crops in many areas. There were outbreaks of weeds, diseases, and insects such as Rice Blast

unit. 3Q17 3Q16 Increase (decrease) Million Baht % Million Baht % Million Baht % Revenues from main business EMS business 651 35% 410 30% 241 59% Telecommunication business 116 6% 57 4% 59 104% Related

31% as compared to the same period last year of 260 million Baht. This was due to continuous effort in debt repayment in forms of Bill of Exchange, debentures and financial institution loans. The

recovery in EU economy and the start of mass production of this product, resulting in a continuous sales growth since last year. However, sales of Telecom Power System (TPS) products declined 13.3% from the