previous year was 109.54 million Baht or 63.20% of the revenue from the sale of real estate. Cost of goods sold increased 7.51% Selling and administrative expenses For the first quarter of 2018, the Company

of the product to the worldwide level and increase competence and capability of the company continuously and sustainably. 2. Business Outlook on Q2/2018 Management’s Discussion and Analysis (MD&A) For

% and 14.4% compared to Q1/2017 and Q1/2016. Cost of goods sold in Q1/2018 was 80.7% of revenue, up from 77.2% in Q1/2017 and decreased from 86.6% in Q1/2016. This is due to the average price of raw

the same period of last year at 15.1%. This is due to the increasing demands in Europe and America markets following the recovery in economy in these regions. Another outstanding product is DC FAN and

, 2017. It stemmed principally from a Baht 35 million decline in accrued dividend payable following the Company ’s announcement of interim dividend payment from 9M/2017 net profit, a decrease in full in

, which was a Baht 286.05 million or 6.00 percent decreased from as of December 31, 2017. During the period, the costs of land development were transferred to the cost of goods sold and inventories

. Reasons were as follows; • Strategic focus in Thai White rice of domestic market and price adjustment, regarding to increasing in cost of goods. • Moreover, increase in sales volume from government contract

the goods Maintenance Monthly payment (7) Funding source : From the company’s working capital (8) General description of connected transaction Type of transaction : Supporting normal business

with GLOW on relevant issues to reflect all necessary changes in the contractual documentation including the adjustment of the tender price of GLOW ’s shares as a result of this additional condition

recipient has received all the work completed from the service provider) Hardware Full payment when the company receives the goods Maintenance Monthly payment .../3 - 3 - (7) Funding source : From the