recorded operating and administrative expenses of 2,018 million baht, increasing by 8% y-y. This is a result of promotion campaigns with Big C since the first quarter and increase in personal expense to

China and East Asia. Steel consumption in China had risen for 11.3% in the first 8 months of 2017 resulted in a drop in China’s steel export. Rising trend in prices of flat steel in East Asia in Q3/2017

advertising. In addition, the cost of new marketing strategies implemented for the fast growing Chinese market. The company has maintained the cost of sales and marketing costs at the set budget. In the first 6

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending March 31, 2020 The Thai economy in the first quarter of 2020 sank into a

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending March 31, 2019 In the first quarter of 2019, the Thai economy continued to

current investment. 2. Cost of sale , Profit margin For year 2018, the company had cost of sale of 396.52 million bath compare to 333.48 million baht last year with the increasing of 63.04 million bath or

from highly intense competition which caused the average fare drop by 0.1 percent. However, the revenue from airport-related services increased by 6.1 percent from a rising number of flights landed at

transactions was 31,813 transactions per day, increasing 16.6%YoY Special note effecting to net profit The impact of the new Labor Protection Act (No.7) in the Royal Gazette for Bt2.45mn. Business Overview

environment of both the public and private sector remained weak, and private consumption, albeit growing steadily, slowed during the second half of the year. Meanwhile, the Thai economy in 2020 is expected to

subsidiary for the first quarter of the year 2020 was Baht 38.66 million, increasing by Baht 10.13 million or 35.51 % when compared to that of Baht 28.53 million in the first quarter of the year 2019. The