ปี 2562 บริษัทฯ ยังมีก าไรจากมูลค่าสินค้าคงเหลือสุทธิ (Net Realizable Value) ที่ยงัไม่สามารถบนัทึกตามมาตรฐานบญัชีอยู่จ านวน 961.2 ล้านบาท ซึ่งหากบรษิทัฯ สามารถบนัทกึผลก าไรดงักล่าว บรษิทัฯ จะมผีลก าไร

. Arehawks Co.,Ltd. (Head Office) 4.Realizable Value ** 182,758,080 Baht 50,131,052 Baht 5.Revenue Reserved suite of 81.56 % of the total units. Transfer the right of ownership and revenue will be recognized

4.22% up from 2Q2016. The Consolidated SG&A expenses increased since higher freight cost from higher export volume and increasing of transportation cost comparing to 2Q2016. The consolidated SG&A

% Sale Revenue 3,654 100 5,219 100 (1,565) (30) 3,704 100 (50) (1) Feedstock (2,575) (70) (4,078) (78) 1,503 (37) (2,693) (73) 118 (4) Net Realizable Value (NRV) (4) (0) (1) (0) (3) 300 - - (4) n.a

YoY 1Q2019 QoQ MB % MB % MB % MB % MB % Sale Revenue 3,290 100 4,236 100 (946) (22) 2,816 100 474 17 Feedstock (2,388) (73) (3,285) (78) 897 (27) (1,975) (70) (413) 21 Net Realizable Value (NRV) 10 0

100 (182) (6) Feedstock (2,332) (75) (2,693) (73) 361 (13) (2,388) (73) 56 (2) Net Realizable Value (NRV) (19) (1) - 0 (19) n.a. 10 0 (29) (290) Product to Feed Margin 757 24 1,011 27 (254) (25) 912 28

2Q2020 2Q2019 YoY 1Q2020 QoQ MB. % MB. % MB. % MB. % MB. % Sale Revenue 3,931 100 3,290 100 641 19 5,227 100 (1,296) (25) Feedstock (3,034) (77) (2,388) (73) (646) 27 (4,292) (82) 1,258 (29) Net Realizable

as freight costs and sales commissions, decreased in line with lower sales. Administrative expense decreased mainly because of an adjustment of staff costs to be in line with the company’s operating

amounting to Baht 75 million and increased by Baht 11 million YoY or 17% due to the increase in sale volume partly offset by reduction in freight cost due to reduction in fuel prices. 4. Administrative

since lower freight cost due to lower export volume comparing to 2Q2019. The consolidated SG&A expenses in 2Q2020 were 9. 89% of revenue from sales, increased from 7.62% in 2Q2019. The consolidated SG&A