prices for most agricultural products remain low, resulting in a fragile recovery in consumption. This has also been effected by the reduction of spending stimulus measures by the government compared to

accelerated spending in the first half of fiscal year. The situation is expected to benefit the company from economic recovery and private investment. In terms of total operating expenses, it usually varies

external fronts that may affect exports and tourism, and the recovery of domestic demand was not yet sufficiently broad-based. Meanwhile, financial stability remained sound. In this light, monetary policy

percent compared to the same quarter of the previous year because of the new product has been launched for both seaweed snack product and other category including the recovery of domestic market and tourist

flat compared to September 30, 2018. Property, Plant and Equipment increased due to a recovery of the new UHT production lines from the fire incident since December 2018 partly offset by depreciation

for a certain period. However, progress will be seen in the second half of this year, while signs of recovery should be clearly seen next year. 6M/2018 Cost of Goods Sold The Company and its

“low season” of the year, the delay of domestic consumption recovery and the high household debt. This attributes to sale in 3Q18 were not achieve the target. 9M18 sales slightly decrease when compared

collection business. The performance in Q3/2018 shows a strong recovery sign. In addition, the Company diversifies its business into Factoring Business which yield a good return for the business. Property

reflected a recovery and a promising future as can be seen by the V- shape in both Automotive Production and Automotive Parts Export. This was a result from the easing of lock down restriction in Thailand and

our key products and strong margins, even carrying forward into the second quarter, driven at first by recovery in China. Global inventory levels are tight and combined with supply chain shocks are