business environment that will affect their operations over the next two to three years. These challenges are as follows. 1. Demographic shifts - Thailand is expected to become an aging society in 2021 when

) EY 4 EY EY AQI 3 EY (3:1) 6:1) EY senior manager manager EY staff turnover 27.33%) (20.31%) EY EY career path) succession plan) EY 3.5 (Engagement Performance) EY engagement partner ) EY 2 engagement

, India on 11 and 12 February 2014. Co-organised by the Securities and Exchange Board of India (SEBI) and the OECD, it brought together senior government officials and regulators from Asian countries

range target of 1-3% to be in line with the changes in financial conditions and structurally lower inflation stemming from 1) aging society 2) growth of e-Commerce and 3) technological advancement

100.0% Total assets Total current assets Total non-current assets Trade and other receivables AGING OF TRADE RECEIVABLES (THB mn) 31 MARCH 2019 (Restated) 31 DECEMBER 2019 LIABILITIES AND SHAREHOLDERS

year which resulted by significant lower in contribution from shares of profits and slightly drop in sales. Sincerely yours, Mr. Sanit Eksangkul Senior Vice President

accordingly, Sincerely Yours, Mr. Sanit Eksangkul Senior Vice President

. Yours sincerely, ( Miss. Pakatip Lopandhsri ) Director and Senior Vice President

on October 29, 2004. Please be informed accordingly and further inform the investors. Yours sincerely, ( Miss Pakatip Lopandhsri ) Director and Senior Vice President

59.77 M, as a result of; loss from shares of profits of associated companies. Please be informed accordingly, Sincerely Yours, Mr. Sanit Eksangkul Senior Vice President