-68.42% Operating results for each business segment are shown below: 1. Manufacturing and Selling of Special Cutting Tools unit: THB million 2019 2018 Change (THB million) Change (%) Revenue from External

9.12% Operating results for each business segment are shown below: 1. Manufacturing and Selling of Special Cutting Tools unit: THB million 2020 2019 Change (THB million) Change (%) Revenue from External

Australia to EGR Europe as delivery country. Gross profit margin decreased 4% duted to sold OEM project that high gross profit margin decrease, gross profit of Trading products decreased dued to Baht strength

policy tools if needed. The BOT has forecast an -8.1 percent for the Thai economy this year, a sharper contraction than the previous projection of -5.3 percent, due to lockdown measures for the strong

Trading products decreased dued to Baht strength. - 2 - Selling and Administrative Expenses In the three-month period ended 30 June 2017 and 2016, total selling and administrative expenses of the Company

compared to the same period last year by gaining from dividend received. The financial structure of the Company was in the strength level and cash flow could be managed effectively, hence, there was no

decreased 15.49% dued to sold OEM project that high gross profit margin decrease, gross profit of Trading products decreased dued to Baht strength. Cost of sales and Services In 2017 and 2016, total cost of

is the Baht strength. Cost of sales and Services In the three-month period ended 31 March 2018 and 2017, total cost of sales and services of the Company increased from Baht 339 million to Baht 384

บริษัท สำนักกฎหมายธรรมนิติ จำกัด Information memorandum on Acquisition of Assets of Halcyon Technology PLC. (HTECH) Company’s Name Master Carbide Tools Company d/b/a Mastertech Diamond Products

2018 was Baht 139.97 million, due to the expenses paid for tools and equipment replacement after their useful life of Baht 121.02 million and cash advance payment for purchase of assets of Baht 20.81