May 7 ,2020 Dear Director and The Manager of SET Re: Clarification on the Operating Result of Quarter 1/2020 and the Appointment of Auditor Thai economy of quarter 1/2020 tends to shrink from the

investment of 49% of total shares of Hydrotech Utilities Limited. The interest shall not be applied to the investment. In the future, the company tends to increase registered capital in order to be in line

recovery of the tourism sector and the return of foreign tourists. However, economic expansion remains at risk from the impact of higher cost of living on households and headline inflation tends to rise

waste tends to decrease. The company expects that the waste sent to the company will be lessen during the second to third quarter of 2020 around 15-20 percent reduction. Presumably, the waste situation

Company expects that advertising income tends to grow continuously. 3 Forth Smart Service Public Company Limited (FSMART) 1Q18 Management Discussion and Analysis 4) Other income was Bt61 . 6 1mn, an

tends to contraction more than expected. The decreased domestic and foreign demand resulted in a strong contraction in private investment and it also still contracted in almost all components except

automotive business tends to slow down and decrease. 1.2. Sales order of the subsidiaries are unevenly fluctuated due to the dependence on the automotive industry. 1.3. Expenditure on staff Various welfare And

Regarding the Transaction The Board of Directors has considered the transaction is reasonable as the following detail; 1. Eureka Automation Company Limited. 1.1. The direction of the automotive business tends

of 2019. For second quarter of 2019, the price of pig iron tends to increase while scrap price continue to decrease from the previous quarter. Thus it will become more challenging for the global steel

estimates by research tends to vary to some degree. The company has therefore decided not to carry out such analysis going forward. Nonetheless, reflecting on its market share, VGI estimated that in 2017 its