by S&P in 2018 while Moody’s has a “positive” outlook on its rating. We see potential for further upgrades in the medium term considering the company’s good operating track record, prudent financial

liquidity ratio was 1.35 times. The Company maintained healthy financial position and sturdy debt service capacity with interest-bearing debt-to-equity ratio of 0.09 times. 2019 Outlook 2018 was the final

, registering a growth of 45% QoQ and 21% YoY), positive contract adjustments and inventory gains  Our company-wide cost and business transformation, Project Olympus, yielded US$67M during the quarter, on track

. (1) Expand opportunity to enter into skincare, cosmeceuticals or cosmetics and medical business, which has positive growth trend and being one of government business enterprise support as Policy

and the Company’s shareholders as follows. (1) Expand opportunity to enter into skincare, cosmeceuticals or cosmetics and medical business, which has positive growth trend and being one of government

shareholders as follows. (1) Expand opportunity to enter into skincare, cosmeceuticals or cosmetics and medical business, which has positive growth trend and being one of government Ref. WINNER 0009/20108 Page 9

.MB when compared with the same period of the previous year; or . per cent increase. It is expected that tendency of positive economy shall bring continuous increase of sales volume in the remaining of

service business in Q3/2017 was THB 0.51 million increased in positive trend by 99% compared to the same period in the previous year because some costs have been reclassified to selling and administrative

order book will pick up. Certain other key segments like chemical and construction also show positive tendencies. The continued strength of the Thai baht is making exports more challenging competitively

a pick-up in sales going into the end of the year and into 2020. Certain other key segments like chemical and construction also show positive tendencies. The continued strength of the Thai baht is