. (SHV) to purchase 154,429,500 MAKRO shares or 64.35 percent of the total issued ordinary shares sold of MAKRO then held directly and indirectly by SHV, at 787 baht per share significantly higher than the

purchase 154,429,500 MAKRO shares or 64.35 percent of the total issued ordinary shares sold of MAKRO then held directly and indirectly by SHV, at 787 baht per share significantly higher than the market price

of OSK Investment Bank Berhad, Malaysia (OSKIB) in purchasing shares of BSEC from BFIT with the offer price significantly higher than the market price, thus requiring OSKIB make a tender offer for

higher than the average of PCB suppliers. In addition, the company realized a gain of Bt65.7 million from its previously-held equity interest in an associate (KCE America, Inc.) prior to its change in

maintenance and higher fuel costs. We are confident that the operational improvements made will allow us to grow sustainably in the final quarter of 2017 and into 2018.” 2. Outlook With a pickup in global trade

881 www.aapico.com Management Discussion and Analysis for the 2nd quarter of year 2019 2 Total revenue grew by 11.1% year-on-year, driven by higher sales from the automotive parts segment. Interest

due to higher freight rates and higher number of shipments compared to the same period of previous year. Financial Cost In the three-month period ended 30 June 2017 and 2016, total financial cost of the

result, sales expenses was higher than the same quarter in 2016 at Baht 11.16 million. Advance Prefab Co., Ltd., the precast concrete products manufacturer, completely established its plant and has started

of time and at a higher rate than other currencies in competing markets, especially China. Despite the increase in raw material price and the baht’s strengthening, the Company was capable to maintain a

was 13.05 million baht increased from Year 2016 at 9.69 million Baht due to higher in metal price and interest rate. 5. For the year 2017 there were other revenues of 5.88 million baht and loss on