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TOG to boost sales and expand overseas customer base. TOG is expanding the new customer base in Europe, America and Africa, aiming to hit the sales growth plan of 7-10%.

          Torn Pracharktam, Chief Executive Officer of Thai Optical Group Public Company Limited or TOG, revealed the Company's third quarter revenue of sales and services of 463 million Baht, increased by 4.8% compared to that of the same period last year. Net profit is 25 million Baht, with 5% net profit margin, increased by 89.4% from the previous year.
          TOG has recently finalized the business agreements with new customers in Europe, America and Africa by offering a completed prescription lens solution from the "RX AUTOMATION" production line and value-added lens package including high-index lenses, high-impact-resistant lenses, photochromic lenses, and blue-light filtering lenses. These two key focused product groups contribute high gross margin. Some of these customers have already started placing purchase orders gradually sent orders to the company. The orders are expected to ramp up to the volume as per business agreements in the first quarter of 2020.
          The trade war between the United States and China has increased business opportunities for TOG USA, Inc., which is continuously receiving gradually increasing purchase orders of value-added products. The Company continues to have conversations with new customer prospects proactively and anticipates that TOG USA will reach a financial breakeven in 2020.

          About TOG
          Thai Optical Group Public Company Limited (the Company) or TOG was established in 1991. TOG is Thailand's largest manufacturer and distributor of ophthalmic lenses and one of the leading independent global manufacturers. In addition to being the first Thai company to manufacture lenses for domestic and international original equipment manufacturers (OEMs), it markets the products under its own brand "TOG", "Excelite(TM)", "ONE", "DISCOVERY", "FREEDOM", "MAXIMA", "SHADE", "ZAPHIRE", "BLULOC", "ZENITH" and "ZENSE" 
          The company's core business comprises of four units: organic lens, mineral lens, prescription lens, and other products and services – including glass mold manufacturing for plastic lenses, hard coating, multi-coating, glazing service, and trading. The Company, with a registered capital of 475 million Baht, is a publicly listed company on the Stock Exchange of Thailand, using "TOG" as a trading ticker symbol.