.  Other Non-current asset increased by THB 200 million, mostly from the deposit import tax for the import of petroleum products. Liabilities As of June 30, 2017, Total Liabilities of the Company and its

import demands from India during its refinery’s maintenance period to bring their production up to new 11 | Management Discussion and Analysis of Business Operation for the 3rd quarter of 2017 Bangchak

EXCEL AIR LIMITED EXCEL AIR PTE., LTD. EXCEL GSA (M) SDN. BHD. EXOTIC FOOD PUBLIC COMPANY LIMITED EXPORT-IMPORT BANK OF THAILAND F&F FOOD COMPANY LIMITED F&F PET FOOD COMPANY LIMITED FANCY WOOD INDUSTRIES

engaged in import and export of equipment used for Electrical Power Systems including research and development to futher expand the investment in electrical engineering, electronic products and electrical

consolidated other income in 2018 was THB 296. 85 million, decreased by THB 21. 39 million or 6. 72% down from 2017, predominantly from decreasing of duty import tax return under section 19 bis. The consolidated

decline in farm income both in terms of agricultural prices and production. Private investment also expanded by investment in machinery and equipment in line with the import of capital goods which partly

import and exemption of corporate income tax according to the time period and conditions of such project 2) The Company is confident that Carnival Magic Project will yield attractive returns for the

World PCL from the Investment in Carnival Magic Project: 1) It is a business expansion in the tourism industry that is supported by the Board of Investment Thailand (BOI) with reduction of import and

THB 4.05 million or 1.70% up as compared to 9M2016 mainly from increasing of duty import tax return under section 19 bis. Selling General and Administrative Expenses The consolidated SG&A expenses in

food and beverage products of the Company as well as developing new products for distribution in Indonesia 5.4) “Malee Kino (Thailand) Company Limited” in Thailand, whose objective is to import and