. Sales in 1Q18 represented new prices for delivery that took effect in January 2018 with an effective markdown of nearly 2%. Cost of Sales and Gross Profit The profit margin in 1Q18 dropped Q-o-Q and Y-o-Y

and took time to validate and eventually produce, therefore the company has to import the finished goods products for serving our protective coatings market. 3. The increasing of sells and

1Q17. The sales growth Y-o-Y was adversely impacted by 1) the THB's strengthening against the USD and EUR in the period, with the effect being about 2.7% on sales and 2) new selling prices that took

that took effect in 2017 that represented a reduction of about 2% on average. However, consignment sales were almost fully realized in the current period. The Q-o-Q decrease in revenue was primarily due

China Fancy Wood was impacted as well. 3. Last but not least, demand also took a hit following the spread of Coronavirus (COVID-19) which further impacted our sales. In line with a drop in sales revenues

and Rayong branch in March. The COVID-19 impact especially in March has resulted in a revenue drop of THB 12.69 million, down 9% compared to the same period last year. - - Restaurant business took a

paid in cash. 4. Criteria used to determine the value of assets being acquired The consideration was arrived at after negotiation between the Company and the Sellers and took into account the fundamental

statement of subsidiary company in Malaysia which has been took over since early of 2018 are: o Net revenue from operation in 2018 is increased by 152.38 million baht. o Gross profit margin is increased by

from consolidation the financial statement of subsidiary company in Malaysia which has been took over since early of 2018 are: o Net revenue from operation in 2018 is increased by 152.38 million baht. o

(MTBE), including certain R&D Centers, patents and technology (collectively referred to as the “Acquired Businesses/Assets”) by the Company and/or the Acquisition Subsidiaries (as defined in the enclosure