and Malaysia in the second quarter. In addition, the third quarter is typically considered as the low season for retail businesses as it coincides with the rainy season. The Company’s gross margin

this quarter being a part of the low season and has entered the rainy season resulted in floods in many areas; the impact of such event caused utilization of vehicles and fuel consumption to be lower

tons or decreased by 9%. However the 2nd quarter 2018 which is normally the end of harvesting season, the Company has crushed cane increase significantly from 6.83 million tons in 2017 to 11.03 million

subsidiaries’ hotel assets have aged after a certain period of time, which potentially causing an adverse impact on operational performance and profitability. Consequently, the Company has established a plan to

the businesses in subsidiaries and associated the Company investing had improved operating results when compared to the same period last year. The business of mobile phone distribution business

Malee Group Public Company Limited and Its Subsidiaries Management Discussion and Analysis For the Second Quarter and Six-Month Period Ended 30 June 2017 1. Q2/2017 Highlights Figure 1: Quarterly

to t and switchin or increase of 2017, the is 2.03 time rget. In the ent announ ovember – venues for aunched ne of the Com paign in Ja h season 16 % M 69.3% 82 30.7% 33 ets equal to t due to an perty

necessary. In case where the period of time as specified in the second paragraph expires but the Office has not yet notified or made any orders to securities company. It shall be deemed that the Office grants

the period of time as specified in the second paragraph expires but the Office has not yet notified or made any orders to securities company. It shall be deemed that the Office grants permission to such

process as necessary. In case where the period of time as specified in the second paragraph expires but the Office has not yet notified or made any orders to securities company. It shall be deemed that the