Monetary Fund projected that the global economy may grow 3.9 percent in 2018, and the US would see brighter growth of 2.9 percent compared to 2.3 percent in 2017, due to additional positive factors including

business in automobile assembly, public transportation services, supported technology and related application to public transportation business. All S will increase the registered capital from 300 million

S Holding Co., Ltd. (“All S”), which aim to invest in automobile assembly business, public transportation services, supported technology and related application to public transportation business. In

throughout the year by a slowing global economy due to the trade war between the US and China, which inadvertently lowered global oil demand. This also coincides with the International Monetary Fund (IMF

, public spending and tourism sector still expanded which resulted from low base in the previous year. (Source: BOT Press Release No.64/2019 on the Economic and Monetary Conditions for September and the

Results Analysis on Previous Operation According to the economic situation in 2016, the capacity and sales of automobile and motorcycle manufacturing industry which is the main business unit of the Company

due to the expansion of our market share from acquiring new parts in passenger cars and pickup 1 ton; meanwhile, the automobile production in this quarter was contracted. Moreover, the sale volumes of

last year, complying with the Automotive industry situation including automobile and motorcycle. The Company’s revenues mainly came from the increase in sales and services of these 2 business units as

increasing of investment in All S Holding Co., Ltd. (“All S”) The Board of Directors has resolved to approve the increasing of investment in All S who runs business in automobile assembly, public

amount of Baht 13.4 million and Baht 23.9 million, respectively. Moreover, administrative expenses increase in this year due to recognize share based payment of Baht 61.2 million which are non-monetary