/impairment of asset, etc. Administrative expenses in 2018 was 1,599 million Baht increased by 59% YoY mainly due to higher personnel expenses reflecting increased number of employees and administration of the

new accounting standard (TFRS 15) reflecting Gheco-One. 5. Decrease in short-term investments of THB 681.1 mm, which was mainly from the Company divested some investment units to manage the liquidity. 6

declined the second quarter in consecutive reflecting the economic slowdown in the trading partner countries. Although, Thailand’s economic outlook in 2023 is expected to expand between 2.7-3.7% mainly due

economic environment. Despite rather challenging environment, we reported a satisfactory performance in 2023 with revenue and core net profit of Baht 30,410.2 million and Baht 1,762.5 million reflecting

million and Baht 1,762.5 million reflecting growth of 7.2% and increase of 3.5% from those of 2022 respectively. 2024 is looking to be an even more challenging year for Thailand auto industry as evidenced

volume increase was outweighed by a significant decline in EBITDA/T, reflecting lower integrated PET and PX spreads. PET volumes declined by 3% in 4Q19 YoY. Organic volumes declined by ~10% due to a

Thailand’s target range of 1-4 percent. At the same time, core inflation was at 0.61 percent, a slight decrease from 0.66 percent in the same period last year, reflecting a gradual recovery in domestic

of the Company as well as UAPC in order to expand business in the future, it will enable UAPC to raise funds in the capital market and increase the investment value in UAPC by reflecting actual market

financial statements of TSEO after the completion of restructuring prepared for reflecting the investment value in the solar power plant projects in category of ground mounting in Japan, totaling of 8

% down from 1Q2017. The revenue from feed business continued declining due to intense competition of animal feed and aquatic feed in Thailand reflecting falling in revenue from animal feed and fish feed