target customers for realization of the importance and improvement of the product quality and service. Management's Discussion and Analysis and operating results for the Quarter 2/2017 Page 2 / 7 Meanwhile

the higher margin products in exhausted pipe following its ongoing improvement and development in production process. 4 (Unit: Baht million) Consolidated balance sheets As at 30th Jun 2017 As at 31st

-year performance which has already factored into the Company’s annual growth forecast. Meanwhile, we already have seen signs of improvement in overall advertising sentiment in upcoming November and

, Account Receivable of 112 Million Baht. Additionally, there were building improvement, sales gallery and equipment of 3,538 Million Baht. Moreover, the goodwill incurred from DEAN & DELUCA acquisition was

operation had more improvement and effective. - Finance Cost The Company recorded finance cost of 1,568 million baht for nine-month period, decreasing by 2% y-y. For the third quarter, finance cost was 527

for sales under development of 12,582 Million Baht, Account Receivable of 112 Million Baht. Additionally, there were building improvement, sales gallery and equipment of 3,538 Million Baht. Moreover

interest payment of Bt500.2 million and Bt132.4 million respectively 2.1.2 Property, leasehold improvement and equipment as of December 31, 2017 was of Bt7,204.2 million, increased by Bt2,312.3 million or

impact of BOI. EBITDA was 4% lower than 2016, however Q4 showed significant improvement versus same period last year. Moreover, net income has increased 4% as there was lower depreciation for the year

shares or rendering a financial support that will later generate the right to acquire shares of such business, and being involved in the supervision of the business plan, the operation or the improvement

rendering a financial support that will later generate the right to acquire shares of such business, and being 2 involved in the supervision of the business plan, the operation or the improvement of the