expanding credit term for sales that occurred only in October 2018. These resulted to an increase in Trade and other account receivable when compare to last period. Inventories as of December 31, 2018

subsidiary) has acquired 47.31% of total issued shares in Cua Lo Water Supply Joint Stock Company in Vietnam on 28 March 2019. Current water production capacity at 3,000 cubic meters per day. It is expanding

Limited of 88 million baht, which grew by 53% y-y and AEON Specialized Bank (Cambodia) PLC of 55 million baht, grew by 122% y-y. In addition, the Company has been expanding more service channels providing

in China. The Company is committed to expanding further to other potential countries and is in the process of conducting market feasibility studies in certain markets. Apart from that, the Company was

expanding business, Management Discussion and Analysis of Business Operation for 1Q/2018 Bangchak Corporation Plc. I 4 thus incurring high initial selling, general, and administrative expenses, which led to a

Specialized Bank (Cambodia) PLC grew by 11% from last year. In addition, the Company has been expanding more service channels providing more convenience to customers and this also saved the Company’s operation

private consumption and total investment were constantly expanding. However, Thai economy still faces external risk such as U.S. monetary and trade policy and global economic uncertainty. As of August 31

public consumption and private investment were constantly expanding. However, Thai economy still faces other risk such as The U.S.-China trade war, global economic uncertainty and domestic political

for the slowdown in sales in China. The Company is committed to expanding further to other potential countries and is in the process of conducting market feasibility studies in certain markets. Apart

to serve customer needs and keep best service during the changed situation, the omni-channel has been improved by expanding channel thru Chat&Shop, Call&Shop, and e-commerce. In addition, the pro