million mainly relates to the lower profit from Banyan Tree China Pte. Ltd. but partially offset by the higher gain from Thai Wah Plc. Finance cost decreased by Baht 5 million as compared to the same period

Equipment Manufacturing Company Limited (“EAMC”) which is a manufacturer of pulp mold manufacturing machinery and a pulp mold distributor in the People’s Republic of China in pulp mold manufacturing project

previous Quarterly To: The President The Stock Exchange of Thailand As a result of the trade war, both the United States and China have pulled the world economy down sharply and may cause a recession in the

business which is the main income of the Company has decreased the export of Rubber Wood Kiln Dried Sawn Timber due to majority of customers in China have requested to delay the shipments but the company had

affecting tourism in Thailand still emerged and caused a material fall in in number of tourists especially from China which is our target customers. The number of Chinese tourists slid about 8 % from the same

global economy, as a result of the impact of the trade war between the US and China, affected Thai economy as well as the Company’s sales and production costs during the third quarter of the fiscal year

year due to the rising of crude oil price that increased around 21.48% comparing to the same period last year, as well as the production slowdown of several steel mills and smelting works in China

mills and smelting works in China regarding to pollution’s problem solving. 3. Increase in conversion cost rate around 0.62% comparing to the same period last year. 4. Increase in selling and

the production slowdown of several steel mills and smelting works in China regarding to pollution’s problem solving. 3. Decrease in conversion cost rate around 0.68 comparing to last year. 4. Increase

Dried Sawn Timber due to majority of customers in China have requested to delay the shipments and also revenue of real estate business decreased cause the sale of real estate decreased but the company had