crisis. However, all working capital loan was repaid before the end of June 2020. For the 1st half of 2019 and 2020, finance expenses increased from THB 3.6 Mn to THB 18.9 Mn respectively, an increase of
Income Tax of Baht 40.9 million mainly due to lower Earnings Before Tax For 6M2020, Profit attributable to Owners of the Parent was Baht 360.9 million, a 71.8% or equivalent to Baht 920.8 million decrease
%) (160) (128) (20%) Administrative expenses (41) (31) (24%) (82) (74) (10%) Finance Cost 2 (2) (200%) 2 (5) (350%) Profit before income tax expenses 78 (5) (106%) 152 11 (93%) Tax expenses (15) 2 (113
%) Income tax expenses (112) (46) (30) (35%) (73%) (202) (76) (62%) Profit before FX & extraordinary items 1,168 1,302 1,789 37% 53% 2,241 3,091 38% Net foreign exchange gains (losses) 28 (52) 242 (568%) 763
shares offered to the public. Major shareholders of the Company Free-floatedFree-floated The shareholding before capital increase The shareholding after capital increase PAGE 5 MANAGEMENT DISCUSSION
expenses (41) (35) (15%) (123) (109) (11%) Finance Income 1 0 (100%) 2 1 (50%) Finance Cost 0 (2) n/a 0 (8) n/a Profit before income tax expenses 80 33 (59%) 232 44 (81%) Tax expenses (15) (5) (67%) (45) (6
4,695 4,163 3,924 -6% -16% 13,362 13,141 -2% Profit before tax income 1,284 1,216 1,333 10% 4% 3,774 3,156 -16% Income tax expenses 257 286 297 4% 16% 753 736 -2% Net profit for the period 991 966 1,009 4
enterprise which have already approved their expenditures before the COVID-19 outbreak. Therefore, the projects that the Company participated in the auction did not decrease, but the implementation of the
distribution expenses (84) (68) (19%) (329) (251) (24%) Administrative expenses (38) (39) 3% (162) (148) (9%) Finance Income 0 0 n/a 3 1 (67%) Finance Cost 0 (3) n/a 0 (11) n/a Profit before income tax expenses
1st quarter of 2020 by 0.18%. Although, the quantity sold has decreased with a stable CPO price during December 2020 to February 2021 before CPO price was significantly decreased in the end of March