, a decrease of THB -30.81 million or -63% , compared to H1/2018. We have pleasure in enclosing the operation result report for more details information. Yours faithfully, Mr. Geza Emil Perlaki Managing

PROSPECTUS CHANEL CERES PLC (incorporated with limited liability in England and Wales) EUR300,000,000 Sustainability-Linked Guaranteed Notes due 2026 unconditionally and irrevocably guaranteed by Chanel Limited Issue price: 99.726 per cent. and EUR300,000,000 Sustainability-Linked Guaranteed Notes due 2031 unconditionally and irrevocably guaranteed by Chanel Limited Issue price: 99.400 per cent. The EUR300,000,000 Sustainability-Linked Guaranteed Notes due 2026 (the "2026 Notes") and the EUR300,...

million baht, higher 112 million baht from 2017 and slightly drop compare to 2016 following the appreciation trend in 2017 and turning to the depreciation trend in 2018. However, the company has no policy

of sales for each product group. In addition, the Baht appreciation affected to lower in cost but it’s not material. Gross profit margin more than the same period of last year by Baht 65.63 million

overall selling price decrease, especially for Caustic Soda due to the fall of its market price trend, plus impact from appreciation of Thai Baht against US Dollar. However, those negative impacts were

automotive product which lead to increase in the sales volume in this zone. However, the Company’s revenue was affected by the appreciation of exchange rate of 3.4% from an average of 32.06 per 1 Dollar in

year due to the fact that Company had mainly international client which used Dollar currency and last year Thai Baht currency was appreciation so Company had loss from exchange rate. Finance costs Net

appreciation of the baht, The company has paid the debtors to the foreign exchange gain. Cost of service for the three-month period ended March 31, 2017 was 241.86 million baht, increased by 123.11 million baht

also had a forex loss of Baht 5 . 1 3 million, which was a loss on foreign exchange. The need to improve foreign debtors' accounts at the end of the year was due to the continued appreciation of the baht

respectively, an increase in total other income amount THB 17.2 MB, which mostly increased from foreign exchange gains due to the baht appreciation. The Company has a policy to manage foreign exchange risk by