2014. Due to decreased in Biodiesel production as mentioned above and the Company used most of its by-products as raw materials in B100 production to reduce Biodiesel’s production cost, which made

LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q3/2018 2 2. ECONOMIC SITUATION Thai economy in Q3/2018 continuously grew. Export-oriented manufacturing businesses expanded for specific sector, automobile

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contain any false statement or omit any fact that should have been expressly disclosed in material respects; (b) I hereby acknowledge and give my permission for use of the information disclosed in this

expanded in all categories. The expansion in global and domestic demand reflect to the growth of manufacturing sector. In term of public spending and private investment which strongly growth in all sector

improve from spending in all categories, consistent with the expansion of manufacturing production in both domestic and export-related industries. Exports in the first three months have jumped 11.3% year on

categorized as follows: • Online sales and Head office pick up • OEM/Food Manufacturing under the Company’s trademark or per customers’ demand Dessert Café Non-Café 2 • Catering services such as parties

Electronics (Philippines) Inc. (“KPPH”), a wholly-owned subsidiary of Kinpo Group EMS companies in manufacturing consumer electronics products Relationship with the Company (Remained No Change) Kinpo and its

Head office pick up • OEM/Food Manufacturing under the Company’s trademark or per customers’ demand Dessert Café and Beverages Non-Café 2 • Catering services such as parties, wedding receptions

be analyzed and explained as follows: 1 Overview The Company has been operating in textile business, manufacturing greige fabrics, through production process of yarn spinning and fabric weaving, based