the global market. Meanwhile, the demand for stainless steel started to increase as the country's economy began to grow steadily as the result of the export sector, private consumption, tourism sector

public consumption and private investment were constantly expanding. However, Thai economy still faces other risk such as The U.S.-China trade war, global economic uncertainty and domestic political

hotels and investments in international hotel companies. Over the past three fiscal years, the Company’ s consolidated total assets has grown at an average rate of 102.2% per year. The Company has a unique

| www.shotelsresorts.com Page 3 of 8 Overview The Company is a holding company engaging in the management of hotels and investments in international hotel companies. Over the past three fiscal years, the Company’ s

Expenses 1,148.8 2,103.6 1,123.0 (954.8) (45.4%) 25.8 2.3% Profit for the period 59.7 132.8 102.8 (73.1) (55.0)% (43.1) (41.9)% Overall, the global economy is likely to slow down significantly due to the

Expenses 1,148.8 2,103.6 1,123.0 (954.8) (45.4%) 25.8 2.3% Profit for the period 59.7 132.8 102.8 (73.1) (55.0)% (43.1) (41.9)% Overall, the global economy is likely to slow down significantly due to the

ตามกฎหมายต่างประเทศด้วย (2) ห้างหุ้นส่วน หรือกิจการร่วมค้า ที่ประกอบธุรกิจในประเทศไทย “ผู้รับฝากทรัพย์สินในต่างประเทศ” (global custodian) หมายความว่า สถาบันการ

(Public) Company Limited Safari World (Public) Company Limited operates the business of tourism and recreation in a type of open zoo and performance with international standard which provides enjoyment

Company Limited (the “Company”) would like to inform you that today (10 May 2018) Vienna International Hotelmanagement AG (“VI”) (the Company’s subsidiary in Austria in which the Company indirectly holds

บริษัท เอน็ซีแอล อนิเตอร์เนชั่นแนล โลจสิตกิส์ จ ำกัด (มหำชน) NCL INTERNATIONAL LOGISTICS PUBLIC COMPANY LIMITED ที่ NCL-M 12/61 วนัท่ี 10 พฤษภาคม 2561 เร่ือง ค าอธิบายและวิเคราะห์ของฝ่ายจัดการของ