Tube Business: The sale volumes increased in line with the expansion of motorcycle production comparing to the same period last year. About the production for domestic sales, it dramatically expanded in
the increase in the gross profit margin that expanded from 14.5% in the second quarter of 2018 to 16.5% in the second quarter of 2019 and more efficient cost management that caused selling and
support domestic industries. Including, the fluctuation of exchange rates affects to the sales value decreased also. Anywise, the company expanded a production line to meet the needs of customers resulted
been expanded; therefore, it achieved the growth of 61.23% from 2018 i.e. from 1.57270 billion THB to 2.53566 billion THB, accounting for 29.09% of the income from sales of real estate. 2 2. Rental
, including the legal due diligence, use of the intellectual property in relation to the project and the execution of the shareholders agreement, provided however that the Transaction will be completed within
Page 2 Management Discussion and Analysis 1. Power Industry and Competition 1.1 Electricity industry and Economic situation in Thailand Thailand’s economy expanded by 2.4 percent in 2019, lower than 2018
obtains a tendency to continuously recover and more stability. Due to the reasons that China’s economy enables to be expanded while US’s economy still slightly slowdowns. However, this slowdown is expected
from ‘International Advertising’ Expanded our footprint to Vietnam market – the fastest growing economy in Southeast Asia Net profit excluding minority interest was THB 161mn KEY BUSINESS AND
expansion and acquisition of Thai food business completed in 4Q16. Finance Expenses Financial expenses increased during the period from THB 17.4 Mn in 2016 to THB 24.5 Mn in 2017 from increased short-term
decrease of 3.0% over the same period of last year. The main reasons for the increase in net profit were the increase in the gross profit margin that expanded from 14.6% in the year of 2018 to 16.6% in the