Exchange of Thailand Business Overview In the year 2018, the Thai economy remained stable with the volatility of global economy including the impact of the trade war between the United States and China

impact from fluctuation of exchange rate . 2. Sales cost to revenue ratio increased by 1.36% (from 96.22% to 93.58%). 3. Gain from foreign exchange increased by 64.87 million baht (from loss 26.43 million

support domestic industries. Including, the fluctuation of exchange rates affects to the sales value decreased also. Anywise, the company expanded a production line to meet the needs of customers resulted

investment in subsidiary of 12 million Baht and allowance for doubtful accounts of 2.78 million Baht. The fluctuation of CPO price mentioned above had reflected the Company's business operation in the

subsidiary (AIL) of 17.31 million Baht and allowance for doubtful accounts of 2.78 million Baht. The fluctuation of CPO price mentioned above had reflected the Company's business operation in the production

fluctuation of CPO price since sometime the Company is unable to adjust its costing inline to the market price continuously and severely. The fluctuation of the price of CPO may affect the earning of the

policies to be used as a guideline to cope with the volatility of crude palm oil prices by focusing on the importance of purchasing and managing raw materials turnover at 30-45 days, sufficient for

drop in selling price led by oil price fluctuation. This also caused a severe price war among the traders of plastic resins and petrochemical industry. Total selling and administrative expenses increased

resulting from plant maintenance shutdown of some producers. In addition, during Q2/2017 there was a severe price war among traders of plastic resins and petrochemical industry led by oil price fluctuation

to the profit of 23.44 million baht) due to an impact from fluctuation of exchange rate, However the company tried to reduce financial risk by hedging against forward exchange contracts. 4. The