, Aurum and Aurum Company Limited (together with the Company, the “Group”) which engages in distribution of bakery products and equipment. Analysis of Financial Performance Revenues Business categories

and its subsidiaries’ advertising and sales promotion expenses compared to year 2015. The specific business tax and transfer fees are in line with the income derived. 4.2 Administrative expenses For the

= Translation = Management Discussion and Analysis for Interim Business Operations Financial Performance for the period ended September 30 , 2017 (Unit : Million Baht) 2017 2016 Inc./(Dec

than 35 percent of the seaweed production in China for the year 2017 which impact to all seaweed business around the world. In addition, the first two phase of production line at Rojana factory has been

) Benefit to the Company : To increase business channel for the group companies, to use scrap material from production process of the subsidiaries to be raw material in electricity production which can

33.32 million Baht increased from the Third Quarter Ended September 30, 2016. This is due to that the expanded business effects the employee expense such as the salary expense, overtime expense

600 Million Baht - 5 - 7) Benefit to the Company : To increase business channel for the group companies, to use scrap material from production process of the subsidiaries to be raw material in

- Translation - Management Discussion and Analysis for Interim Business Operations Financial Performance for the year ended December 31 , 2017 (Unit : M ill ion Baht) 2017 2016 Inc./(Dec

redemption under the requirement of such ETF . “ management company ” means a securities company licensed to undertake securities business in the category of mutual fund management. “ foreign exchange ” means

units by accepting assets as a redemption under the requirement of such ETF. “management company” means a securities company licensed to undertake securities business in the category of mutual fund