decreasing from the expense management of domestic customer by reduce some distribution channels that could not well generate income to other distribution channels instead. In this regard, the Company could

district, Bangsue area, Bangkok. The purpose is to be exhibition and public relations center; to educate on Vanachai Group product knowledge, to be the Vanachai Group distribution center, and to be the

from furniture as the core business decreased 7.59 from the previous year. That caused from the management policy of some distribution channels in domestic to enhance the efficiency of expenses. Such

sales staffs, advertising media fee for product promotion, distribution fee paid to Zuellig Pharma Ltd. under the Distribution Agreement and compensation for distribution of company’ s products in the

costs. Summary of Performance For Q1 2018, the Company and its subsidiaries recorded net profit of 954 MTHB, increased by 184 MTHB or 23.9% comparing with Q1 2017. This increment was mostly caused by the

is SBITO’s latest audited annual financial accounts. The Company’s Board of Directors has considered and resolved that the price of the investment disposition was appropriate. Summary of SBITO’s

of machinery and equipment decreased by 5 million Baht. Summary of revenues, expenses, and profit are as follows; (Unit : million Baht) Q 2 ended 30 June % changes 2017 2016 Increase (decrease) Sales

DISCUSSION AND ANALYSIS FOR PERIOD ENDED 30 SEPTEMBER 2017 3. Financial highlights (based on Thai FRS) Q3 2017 Financial Position Summary as of 30 September 2017 compared to Q3 2016: Q3 2017 Q3 2016 YoY change

จดหมายชี้แจงปี60e February 22, 2018 The Managing Director The Stock Exchange of Thailand Subject : Management Discussion and Analysis Ending 31 December 2017 Summary of operating result between 2017

comparing to 2018 or 11.9% mostly due to soften Ethylene and Glycerin price from ample supply and lower crude oil price. Summary of Performance For Q1 2019, the Company and its subsidiaries recorded net