more on A&P to support new product launch and relunches in both beverages and personal care. Lastly, Our R&D spending increase by 44% YoY to THB 54 million in 2018. In 2018, the Company booked THB 158

. Personal Care Segment Total personal care revenues increased by THB 158 million (or +13.4% YoY) to THB 1,338 million, mainly from new product launch of Babi Mild brand in May’19 (i.e. Babi mild sweet almond

and premiumization. Placing a high value on innovation, the Company plans to launch 2 to 4 new products in both our beverage and personal care portfolios. Personal care category is expected to continue

selling expenses from new packaging launch for some branded product; 6) higher administrative expenses from higher personnel expenses; 7) higher R&D expenses; 8) higher finance costs due to higher

2017 2018 THB mm % THB mm % Sale Revenue 1. Revenue from selling product under Company’s trademark 1) Facial skincare 296.9 82.7 308.6 79.8 2) Body care 3.8 1.1 1.4 0.4 3) Facial cleansing 21.6 6.0 12.4

personal care in March, resulting in overall Q1’20 growth at 0.8% YoY. Overall international business grew 4.8% YoY at constant FX. - Q1’20 Functional drinks market maintained double-digit growth momentum of

1 NO. NCH 024/2562 July 11, 2019 Subject : Notice of setting up a new subsidiary under joint venture agreement to cover intermediate care and wellness business Attn. : Director and Manager The Stock

in domestic branded sales from new packaging launch, new crop season for canned fruit, improved domestic CMG sales plus good response of new product as well as continual growth of export branded sales

compensation for branded products; 6) higher selling expenses from multiple new products launch; 7) higher R&D expense; 8) higher audit fees and consultant fees from new businesses establishment; and 9) higher

Lemon, HPP (High Pressure Processing) fruit juice, milk tablet, personal care products, Malee Coco in new designed carton package, which was already projected following the Company’s new product launch