global economy, as a result of the impact of the trade war between the US and China, affected Thai economy as well as the Company’s sales and production costs during the third quarter of the fiscal year

operation, as well as, the wrote back of bad debt provision of THB 4.71 million have resulted in an increase in net profit margin from 15.83% in 2017 to 25.89% in 2018. Please be informed accordingly, Yours

% from THB 54.4 million to THB 50.8 million. Profit before tax increased by 12.2% from THB 45.2 million to THB 50.7 million, mainly due to an increase in gross profit as well as lower administrative

affected the overall global economy as well as the slowdown of Thailand economy. This affected the production of Thai automotive and motorcycle, as well as the sales and production costs of the Company

increased SG&A was mainly in related to the consolidated expense of supporting the Company itself and its overseas subsidiaries’ operation as well as marketing and managing expense to support existing

. However, the cost and administrative expenses increased as well. Please be informed accordingly. Sincerely yours, Miss Sineemas Sotpiparpnukul Chief Executive Officer

system; 2. Financial reporting ecosystem: A well-balanced financial reporting ecosystem whereby the parties involved in the preparation process can perform their duties fully and appropriately contributes

controlling and managing the budget as well as choosing the suitable material to the products. 3. The Group’s selling and administrative expenses for the quarter ended 2018 and 2017 were Baht 27.49 million and

% in the 3rd quarter of 2017 compared to 83.54% in the same period of 2016. The decrease in the cost of sales ratio is due to the effectiveness of controlling and managing the budget as well as choosing

as well as choosing the suitable material to the products. 3. The Group’s selling and administrative expenses for the year ended 2017 and 2016 were Baht 110.63 million and Baht 122.71 million