managers based on annual sales target 8 Revenue recognition Engineering design overtime output input Background 1 2 3 4 5 scope of work feasibility study conceptual design EIA report construction design

continuously increased since the end of 2019. The details are as follows:- Baht per kg Nov-19 21.47 Dec-19 29.75 Jan-20 37.56 Feb-20 34.72 Mar-20 29.41 CPO price started rising because palm output declined by

, resulting in more production output. The Company has also sent personnel from Thailand, including Assistant Branch Manager and Assistant Production Manager, to help improve production capabilities as well as

increased dynamism in exports of goods and services (source: IMF, October 2017). Steel output so far in 2017 is up 11% in Thailand and we expect this trend to continue. Also, sugar cane harvest is expected to

+7.0%. The manufacturing sector entered a downturn in the second half of March, with output and the PMI falling to a record low. Moreover, business sentiment deteriorated throughout Q1 and dropped to an

, upgrading technology in order to increase output of HDI products and the unexpected appreciation of the THB against foreign currencies, which had the effect of a decline in sales revenue, a low production

downturn in the goods-producing sector intensified, while agricultural output continued to fall amid a lingering drought. Consequently, annual private consumption growth moderated, while business and

higher lime demand in Q4 2017 and will continue into Q1 2018. The steel industry has closed its third year of continuous recovery in 2017, with total output up over 10%. Further volume increase is

is likely leaving its mark on the Thai economy. Private consumption growth moderated noticeably in Q1 while private investment fell, reflecting dampening domestic demand. Manufacturing output

. Exports, a key driver of the manufacturing sector, contracted at an accelerated pace compared to the first quarter. Additionally, manufacturing output also continued to falter in the same period. More