for the imported raw material and goods because of Baht appreciation. Business outlook for Q4/2019 was expected that Thailand economy would be stable compared to the same period of 2018, in line with

either increasing or decreasing from changes of inventory at the end of period. Page 2 2. Overview of Domestic Economy and Ready-to-Drink Fruit Juice Market At the end of Q3/2019, domestic RTD fruit juice

2018 due to slowdown in Thailand economy. Meanwhile, imports of Hot Rolled Steel increased by 2% to 4.04 MT due to strengthening of THB and the effect of termination of enforcement of Safeguard Measure

broadened its international exposure by launching its energy drinks in Vietnam in Q4’19. The Company expects to capture opportunities from this rapidly growing economy which features a large and young

causing higher inflation, as well as slowdown in Thai and global economy, impacting purchasing power of domestic consumers. Nonetheless, the Corporate Group still adheres to its strategy, namely “Complete

because of Baht appreciation. Business outlook for Q1/2020 was expected that Thailand economy would be depressed compared to the same period of 2019, in line with economic and the slowdown of private

มีปริมาณการผลิตเพิ่มข้ึน (Economy of scale) จากกิจกรรมการผลิตหลักของบริษัท -บริษัทฯ มีรายได้จากการขายและบริการและก าไรจากโครงการขายเครื่องจักรและอุปกรณ์ตามสัญญาการซื้อขายเตาที่ ได้มีการส่งมอบสินค้าให้

mall management and effective operating costs control The Thai economy in 2Q17 continued to expand and recovered at a modest pace, driven by export of goods which showed a high expansion, and the tourism

effective mall management and operating cost control despite major renovations at CentralWorld and CentralPlaza Rama 3 The Thai economy in 3Q17 continued to expand courtesy of solid growth in export of goods

Solutions) sector which rose 73.2% from those of previous year and 1.4 times from those of 2015. This was caused by the increasing demands in Asia and Europe markets following the recovery in EU economy and