period last year but slightly dropped 5.2% from last quarter due to electric vehicle business slowdown and telecommunication technology life cycle impact . Gross profit of this quarter amounted to Baht
administrative expenses (including research and development – R&D) in 2019 went up 10.9% from 2018. The cause was the enhancement of the R&D team in German, due to Electric Vehicle business growth in Europe, went
last year, complying with the Automotive industry situation including automobile and motorcycle. The Company’s revenues mainly came from the increase in sales and services of these 2 business units as
Results Analysis on Previous Operation According to the economic situation in 2016, the capacity and sales of automobile and motorcycle manufacturing industry which is the main business unit of the Company
”). Enclosure 3.3 Rational and background of the transaction As the conglomerate has a new business plan of 100% battery electric vehicle business, Rich Asia Industry Co., Ltd. (Subsidiary) will be the
relevant sustainable agriculture certification standard (in km², t or %) 3,12,14,15 Protection and restoration of biodiversity and ecosystems Organic agriculture, Global G.A.P. certification, Fair trade
Group (e.g. Power Supply for storage devices in Computer and Networking system, Customized design Power supplies and DC-DC converter) 2) Electric Vehicle Solutions (e.g. Power Supply for Automobile); 3
increased degree of uncertainty in global economies and trade policies, businesses may have to contend with Thai Baht volatility and rising interest rate trends. Acting upon our strategy of strengthening
market, where the oil business is in on a downward trajectory following slowing global economy due to the trade war between the US and China. The Dubai crude price in 2019 averaged at 63.51 $/BBL, a
ordinary share. In this regard, market price per share of the Company’s ordinary shares under the Terms and Conditions of MACO-W2 means trade value of the Company’s ordinary shares, divided by the number of