Comments on: “Trading costs on the Stock Exchange of Thailand” Authors: Charoenwong C., Ding D.K., Jenwittayaroje N. Comments on: “Risk-taking behaviour during downturn: evidence of loss-chasing and

acquisition of dried fruit business and acquisition 51% additional ordinary shares (Registered and Paid-up Capital) of Fruity Dry Company Limited Attn.: The President The Stock Exchange of Thailand Global

contribute high gross margin; 4) marketing activities to help dry stock at trade stores and prepare for new packaging launch in Q3; and 5) increased administrative expenses from higher personnel expenses to

Revenue Net Profit Unit: Million Baht Page 2 2. Overview of Domestic Economy and Ready-to-Drink Fruit Juice Market In Q2/2018, domestic RTD fruit juice market continued to decrease 13% YoY but slightlyly

ABICO 011/KV/2017 August 10, 2017 Subject : Explanation on operation result for the Quarter ended June 30, 2017. To : Director and Manager Stock Exchange of Thailand Abico Holdings Public Company

increase of 21% from Baht 3,640 million as at 31 December 2016. This was mainly due to increased inventories from higher stock level of branded canned fruit than last year preparing for sale until the next

, a decrease of 4% YoY, mainly due to financial statement adjustment in accordance with new Thai accounting standards and decline in overall fruit juice market. Export branded sales continued to grow

million, a decrease of 4% YoY, mainly due to financial statement adjustment in accordance with new Thai accounting standards and decline in overall fruit juice market. Export branded sales continued to grow

Q4/17 Q1/18 Sales Revenue Net Profit Unit: Million Baht Page 2 2. Overview of Domestic Economy and Ready-to-Drink Fruit Juice Market In Q1/2018, domestic RTD fruit juice market continued to decrease 10

finance costs due to higher borrowings as a result of previous investments in machinery, subsidiaries, and joint ventures. 2. Overview of Domestic Economy and Ready-to-Drink Fruit Juice Market In Q3/2018