payable from long-term loan from other parties in Q3-2017. Management’s Discussion and Analysis (MD&A) For Q3/2017 11  Net foreign exchange gain The Company had a net gain on foreign exchange for the Q3

decrease of THB 474 million, as THB fluctuated all year round, resulting in a gain mostly from trade account payable, loan to related parties, and loans in foreign currencies. 8. Losses from impairment of

, leading to most gains being generated from accounts payable, and loans from foreign currencies. 6. Loss from asset impairment THB 34 million, most of the loss was incurred from impairment of Material

sugar supply surplus in 2018 which still affects current price, now trade around 12 - 13 cent/lb. As a result, the Company recorded a decrease in average sugar price from the previous year but the Company

sugar supply surplus in 2018 which still affects current price, now trade around 12 - 13 cent/lb. As a result, the Company recorded a decrease in average sugar price from the previous year. Therefore the

surplus in 2018 with the additional of domestic price decrease from the new sugar regime that domestic price will float along with global price. As a result, the Company recorded average sugar price

to 12,526 THB/ton. At the beginning of 2017, world sugar price has climbed up to 20 cent/lb then dropped sharply to 12 – 13 cent/lb now, due to global sugar supply is surplus in 2018 with the

previous year (2018 net profit was THB 272 million). The decrease was due to the following reasons: 1. Revenue from sugar was decrease due to Global supply surplus in 2019 with addition of domestic price

decrease was due to the following reasons: 1 Due to Global supply surplus in 2018 with addition of domestic price decrease from new sugar regime that domestic price will float. As a result, gross profit

million and some portion from the trade creditors agreed to reduce the accrued interests payable during the negotiation period before the completed debt-to-equity conversion scheme. - Gain on exchange rate