opportunity to express our gratitude for the collaboration and contribution from the CMDF, the CMDF Digital Infrastructure Co., Ltd., the ThaiBMA, business operators including securities companies

about true economic empowerment and gender equality. Rather, it requires the establishment of mechanisms that foster an enabling environment and equal opportunities for all. We express our gratitude to

conditions including the strong appreciation of THB/USD, which strengthened from the average rate of Baht 35.1060/USD in Q1-17 to Baht 31.5422/USD in the same period this year, and the shortage of some items

high-technology products, an increase in price of the Company’s core raw material, copper foil, due to an unbalanced demand/supply in the market, as well as the appreciation of the THB in a short period

. Assets increased primarily from the acquisition of the acorna hotel portfolio and Noble Ploenchit office building, however this was offset by the sale of Mo Chit Land, and largely from the appreciation of

. - Foreign exchange gains were worth 33 million baht, down 143 and 31 million baht from 2018 and 2017 respectively following the appreciation trend in 2017, depreciation trend in 2018 and appreciation trend

materials Copper, Copper Foil, Laminate and Fiberglass, as well as the appreciation of the THB. Despite the increase in raw material prices and the THB’s strengthening, an increase in capacity and efficiency

Baht 50.38 million due to the Baht appreciation against JPY. The unrealized loss on exchange rate was mainly from revaluation foreign exchange rate in JPY of long-term investments. 5 | Padaeng Industry

appreciation to competitors, especially from Vietnam. - QSR business recorded its revenue of Baht 143.0 Million that 3.1% increased from 2018 or by Baht 4.2 Million, resulted from distribution channel

year 2019 increased 51.20 and 61.28 percent from the same period of last year. Main attribution is increasing in sales quantities from 2nd production line. The effect from Thai Baht appreciation and