revenue for Q1 2017 grew slightly by 0.9% year-on-year, driven by good car sales in the Malaysian car dealerships and higher sales in China. These increases were partly offset by lower revenue in Thailand

+20.3% Export 296,827 313,576 -5.3% 858,787 849,982 +1.0% For the 3rd quarter of 2018, total vehicle production volume reported a 3.9% growth compared to last year, driven by strong domestic demands

participation in the campaign, featuring three tech-based and target-driven initiatives, i.e., (1) SEC Check First, an application for verifying the status of service providers and capital market products

automotive parts in Thailand, in line with the industry trend. Cost of sales and services Driven by higher sales, cost of sales and services increased year-on-year. Gross profit margin as a percentage of sales

881 www.aapico.com Management Discussion and Analysis for the 2nd quarter of year 2019 2 Total revenue grew by 11.1% year-on-year, driven by higher sales from the automotive parts segment. Interest

Glass Ayutthaya (SGA2), which expect to start commissioning in mid-2019. Personal Care gross margin improvement will be driven by premiumization and mix transition. 2019 overall profitability target are

remained sluggish, due to weak purchasing power and the lack of any specific measures from the government. In the second half of 2017, the economy moved in a positive direction driven by industrial expansion

, our fixed broadband business (FBB), grew strongly achieving the target of 1 million subscribers in FY19 and increased subscriber market share to 10% from 8% in FY18. The solid growth was driven by a

expanded, the price of agricultural products remained low, and the level of household debt remains high. Thus, sales in the third quarter did not meet the target. However, the Company continued to undertake

target to achieve high single- digit growth in enterprise segments in FY19. The latest strategic cooperation with China Unicom is also targeted to bring about opportunities to better serve localized