Discussion and Analysis of Financial Condition and Results of Operations for the year 2556 Translation UWC 031/2560 August 10, 2017 Subject : Management Discussion and Analysis for quarter 2-2017 To

Discussion and Analysis of Financial Condition and Results of Operations for the year 2556 1 Translation UWC 023/2562 August 16, 2019 Subject : Management Discussion and Analysis for quarter 2-2019

Discussion and Analysis of Financial Condition and Results of Operations for the year 2556 Translation UWC 028/2018 August 10, 2018 Subject : Management Discussion and Analysis for quarter 2-2018 To

compared to a net profit of 18.45 million baht, is due to the following reasons: 1. The ailing economic condition especially in the automotive industry, in addition to a change in the company’s strategy to

to the temporary slowdown in sales orders of packaging for lubricant. However, sales of plastic automotive parts customers consecutively increased since the late of last year. For sales of packaging

be comprised of automotive part manufacturers in the Republic of India, Portugal, the United States of America, and the People's Republic of China (the “SGAH Group”). The total investment of USD 100.00

. After such restructuring, SGAH Group will be comprised of automotive part manufacturers in the Republic of India, Portugal, the United States of America, and the People's Republic of China (the “SGAH

revenue decreased by 9.32% year-on-year. Sales and service income decreased by 10.60%, with 5.93% increase in automotive parts businesses but 46.72% decrease in dealership businesses. The automotive part

dropped from slacked domestic market during Quarter 3. However, the market situation started to recover in the late of the Quarter 4. Moreover, sales of customer in packaging for milk and yogurt segment

tourism. We believe that AH will benefit from the turnaround of the automotive industry and that a turnaround will be likely from deferred demand dictated by overall economic situation and limited