continued to expand, it has still been affected by high levels of household debt as well as persistent low prices for agricultural products. The performance of the company in this quarter is still in line

Thaieconomywould expand 4.1% in 2018. Key growth drivers included growth in export value 7% YoY andgrowth in number of foreign tourists 6.2% YoY, or expecting 37.6mn tourists this year. The domestic consumption is

, 2017 by Baht 151.56 or 22.68% , since the company received the capital increase by Baht 166.30 million and loss from operation by Baht 14.74 million. Trend of year 2018 The company has expand the

. Although the economy performed well in a big picture, the economy at grassroots level has yet to sufficiently expand. This was seen in growth of private consumption, growth of durable goods consumption

. This was an objective of the business to expand revenues base in future. Moreover, the Company has more short-term investment and goodwill.   Management Discussion and Analysis, Q3/2018 Page5/5 JMT

GOVERNMENT SAVINGS BANK SAM SEN NAI, PHAYA THAI, BANGKOK 10400, THAILAND Tel. +66 2299 8000 GUARDIAN CAPITAL ASSET MANAGEMENT COMPANY LIMITED ATHENEE TOWER 63 WIRELESS ROAD (WITTHAYU) 16TH FLOOR UNIT 1605/1

st , 1990 to present. Ramkhamhaeng has purposed to expand business in province. Burirum Ruampaet has good status and chances to growth business in the future. So, Ramkhamhaeng takes part in by

growth in export canned products from Thailand in coming years. Export market accounts for 60% of the total Company sales, therefore, it remains very critical to the Company to expand our reach to new

customers and current customers that expand the scope of services in the insurance business using inbound service and retail business. 2.2 Revenue from Contact Center Facility Outsourced for this year was THB

Cambodia is planning to further expand their Credit Card business in the Cambodia market, which was launched in April 2016. The new system will widen and strengthen the service line-up of credit card