driven by improving domestic economic conditions, bouyant exports and the tourism sector. The market expects private consumption to have expanded, with higher spending on durable goods – particularly

subsidiaries recorded loss of Baht 52 million, decreasing from Q1/2018 that recognized net profit Baht 9 million, due to 1) sales shrinkage in CMG and domestic branded sales; 2) higher cost per unit as a result

revenues of Baht 2,190.9 million and increased by Baht 1,577.2 million or 257.0% compared to the total revenues of Baht 613.7 million for 2018. The increase was mainly due to higher revenue from palm oil

 Profits increased 40% to THB 539m in Q2 2017 from THB 384m in Q2 2016. Net Profit increased 62% to THB 676m in Q217 from THB 417m in Q216, due to higher operating profits and exchange gain in Q217. Quarter

2019 showed a net loss of 17.9 million baht, which was higher than the second quarter in 2018 at 24.0 percent. The Company’s performance for the six-month period for 2019 showed a net loss of 17.5

these housing units were well fit with customers’ demand. As a result, sale and transfer units were higher than MK’s projection. In addition, the Company was able to complete sell of all units in some of

881 Website: www.aapico.com Management Discussion and Analysis for the 3rd quarter of year 2018 2 Total revenue grew by 3.1% compared to last year, driven by higher sales from both automotive parts and

from the acquisition of LQSF in Vietnam as well as consulting fees from other investment projects; 2) lower sales contribution of export pressuring net profit margin; 3) higher depreciation resulted from

sector the Thai economy continues to outperform with Q2 growth at 4.6% slightly below Q1 but remaining strong. Private consumption growth was robust in July and August, supported by higher consumer

up and improve the strategy in order to gain higher sales volume throughout the year, resulting in higher sales volume from Q2 onward. The outcome of strategy improvement and cost control made NCL