share trading and from valuation of real estate with temporary price appreciation;            ? Default risk: more discretion should be exercised when incurring debts, especially those for investment in

market which results to low selling price. Another factor is the appreciation of baht which reduces our export revenue when changing to Thai baht. And the effect of employee benefit, according to the new

strong appreciation of THB/USD, which strengthened from the average rate of Baht 34.2863/USD in Q2-17 to Baht 31.9468/USD in the same period this year. Sales revenues of this quarter amounted to Baht

nine-month period 2018 was mainly due to differences in product mix and the impact from currencies appreciation as compared to same period of previous year. 3. Selling and Administrative Expenses For the

exports to reduce from the previous year. Furthermore, the sale of goods to foreign countries has been affected by the continuous appreciation of the Thai baht. Domestic consumption trend continues to

due to THB appreciation against EUR and GBP • Net debt to equity ratio as of 30 June 2019 was 0.56x, comparing with 0.55x at the end of last year SIGNIFICANT EVENTS 4 major renovation works of Vienna

through secondment program and training program among members and through collaboration with external parties.ACMF expressed its gratitude to the Asian Development Bank (ADB) for its support in providing

opportunity to express our gratitude for the collaboration and contribution from the CMDF, the CMDF Digital Infrastructure Co., Ltd., the ThaiBMA, business operators including securities companies

about true economic empowerment and gender equality. Rather, it requires the establishment of mechanisms that foster an enabling environment and equal opportunities for all. We express our gratitude to

Q1 2017, of which 92% contributed from zinc trading business and 7% from renewable energy. The decrease mainly resulted from a drop in total sales volumes and the appreciation of Thai Baht against USD