price. Moreover, UAC will use fund from selling UAPC shares for working capital or to generate more benefits. 12. Opinion of the Audit Committee and/or directors of the Company that is different from the

business plan of Takuni Land and will generate revenue and profit to Takuni Land, hence; benefits the Company’s shareholder. 10. Opinion of the Audit Committee and/or directors of the Company which is

business operation of Takuni Land. The investment suits the business plan of Takuni Land and will generate revenue and profit to Takuni Land, hence; benefits the Company’s shareholder. 10. Opinion of the

plants in Japan; 2) Support financial strengths of the Company and increase operating cash flow of the Company in the future; 3) Generate additional values to the Company and its shareholders in the long

expansion for growth in Southeast Asia. We successfully converted static billboards into digital billboards, which now cover 32 provinces in Thailand. This effort is expected to enhance our returns, generate

to generate profit from this business unit since there were Made to Order that the Company can control margin and CPO’s price fluctuation. 1.3 In 2018, the By-products’ ratio of cost of sales to total

THB 53 million or 90.0%, most of which are sales of bottles to 3rd party under the operation of Asia Pacific Glass Company Limited, which not only generate incremental revenue to the Company but also

increase in operating revenue and better expense control to generate higher profit per store. • However, net profit margin in Q4/2019 dropped by 1.9% from Q4/2018 as a result of the slow down in dessert café

the real estate business are considered to be diversification on investment risks and to generate additional incomes and returns to the Company. In this regard, the number of the Company’s existing

its sales revenue is vigorously increased and the Company is able to generate higher gross margin in certain projects. 2 Financial Status 2.1 Assets At the end of 2016 and of Q3/2017, the Company