Discussion and Analysis of Financial Condition and Results of Operations for the year 2556 Translation UWC 031/2560 August 10, 2017 Subject : Management Discussion and Analysis for quarter 2-2017 To

Discussion and Analysis of Financial Condition and Results of Operations for the year 2556 1 Translation UWC 023/2562 August 16, 2019 Subject : Management Discussion and Analysis for quarter 2-2019

Discussion and Analysis of Financial Condition and Results of Operations for the year 2556 Translation UWC 028/2018 August 10, 2018 Subject : Management Discussion and Analysis for quarter 2-2018 To

materials have been effected from the weather condition making company unable to produce and export full capacity.The end to 2022, the company has prepared more than raw materials in advance in order to

for certain period as the negotiation by the parties for conclusion of the shareholders agreement required as a condition precedent has not yet completed. The terms of the shareholders agreement being

as the negotiation by the parties for conclusion of the shareholders agreement required as a condition precedent has not yet completed. The terms of the shareholders agreement being under negotiation

management to negotiate and exercise the option to sell the remaining shares in SBITO, in which the approval to exercise such option is subject to the completion of the condition specified in the SPA stating

contract date which is October 20, 2017 8. Source of Fund : 30 % from the Company cash flow and 70 % of loans from the bank, so that, this loan application has no condition or limitation related to the

Hero Experience on October 9, 2017 as such change is a condition of the entry into the Share Acquisition Transaction by the Company which is currently under the process of capital increase in Hero

increased, resulting in increased costs and freight charges and the condition of the baht appreciation rate compared to the same period of the previous year. Gross profit The company has gross profit of