the Company under the Debt to Equity Conversion Scheme in the Capital Increase Form (F 53-4) (Enclosure 2).) Remark - The exchange rate used in this document is the average foreign exchange rate used by

Margin (%) 12.6% 11.1% 1.5% SG&A expenses 458 392 66 16.8% Loss on exchange rate 35 4 32 904.4% EBIT before share of profit (loss) from investment in associates and joint venture 604 435 169 38.9% Share of

* -58.0% Consol. Net Profit 255.1 159.0 268.6 +60.4% 559.7 -54.4% [ Remark * Excludes foreign exchange rate effects. ** Excludes foreign exchange rate effects and change in retirement benefit provisions

(loss) of the year 464.4 29.2% (299.9) (11.4%) (164.6%) Adjusted items Net unrealized loss on exchange rate - - 29.0 1.1% - Non-recurring items2 235.5 14.8% (261.8) (9.9%) (211.2) Adjusted EBITDA3 715.8

still intense competition together with exchange rate fluctuations causing the sales of this product of the company to decrease. However, the company expects that with the strength of sale channel and

) 3.04 100.0 Profit before exchange rate - the Company and subsidiaries 2,175.99 2,306.66 (130.67) (5.7) Gain (loss) on foreign exchange - the Company and subsidiaries (223.68) (174.79) (48.89) (28.0

for ethanol and bleached bagasse pulp businesses in the year 2017. 7. Loss on foreign exchange rate in 2017 was at Baht 32.9 million, compared with loss on foreign exchange rate in 2016 of Baht 117.6

, the debt instruments must be traded every two weeks on average and having the average turnover rate of the most recent three months not lower than 6.25 percent of the outstanding. (4) foreign debt

instruments must be traded every two weeks on average and having the average turnover rate of the most recent three months not lower than 6.25 percent of the outstanding. (4) foreign debt instruments having

Supervisory Board No. Tor Jor. 61/2561 Re: Offer for Sale of Debt Securities of Thai Government Agencies _________________ By virtue of Section 16/6 of the Securities and Exchange Act, B.E. 2535 (1992), as