canning plants, and pressure from the rising cullet price over the past year i.e. in 2017 had caused the rising in cost per unit of branded products by our own manufacture. Part of which was compensated by

stable whilst the cost for import scraps is continuous increase. However, in the third quarter of 2018, the Company had the sale revenues and sale volumes increased in significantly, which can summarized

Quarter Ended 31 March, 2020 Page 1 Executive Summary Unit : Million baht 2020 2019 Total revenues * 4,506.78 4,014.33 492.45 12.3 Total cost and expenses * 2,522.92 2,311.10 211.82 9.2 Gain (Loss) on

-24.6% Insurance Income 37.3 1.4% 71.4 2.7% 34.1 91.3% Total Revenues 2,743.0 100.0% 2,664.4 100.0% -78.6 -2.9% Cost of sales 1,575.1 57.4% 1,385.1 52.0% -189.9 -12.1% Cost of Services 208.3 7.6% 231.6

cost following the widened average DTD/DB spread. Further, crude oil price significantly drop during the year end, led to the refinery business to record Inventory Loss of THB 1,489 million Management

business in 1Q2018 decreased from lower selling price of processed food which decreased by 9.70% comparing to 1Q2017. Cost of Sales Cost of sales for 1Q2018 was THB 3,439.11 million, a slight decrease of THB

Expenses (130.8) (152.9) -14.5% Finance Costs (366.6) (459.9) -20.3% Share of Profit from Investments in Associates and Joint Ventures 2,047.4 1,936.1 5.7% Income Tax (Expense) Income (49.1) (18.2) 170.4

Joint Ventures 207.9 553.8 345.9 166.4 Income Tax (Expense) Income 0.0 (2.9) (2.9) N/M Profit attributable to Owners of the Parent 185.1 569.9 384.8 207.9 Non-Controlling Interests 0.0 0.0 0.0 0.0 1

15.3% Administrative Expenses (34.5) (8.4) 308.8% Finance Costs (76.9) (93.7) -17.9% Share of Profit from Investments in Associates and Joint Ventures 339.2 659.2 -48.5% Income Tax Expense (6.3) (6.8

3,295.06 99.96% 3,405.45 99.97% 110.40 3.35% Cost of sales and services 3,019.74 91.61% 3,090.82 90.74% 71.08 2.35% Gross Profit 275.32 8.35% 314.64 9.24% 39.32 14.28% Other income 1.32 0.04% 0.87 0.03