969 956 13 1% Trade and other payables 112 184 (72) (39%) Other current liabilities 21 24 (3) (13%) Total shareholders’ equity 8,855 8,786 68 1%  Declining in inventory are results of delaying in

2nd Quarter 2019 • Total cost of goods sold decreased by 20.8% which was in line with the decrement of sales value. However, unit cost of product was slightly increased due to the increment of energy

% ⚫ According to business adjustment and cost control, gross margin of the Restaurant and Food Centre business are released from impact of declining in sales revenue. 4 / 4 3. Financial status analysis Unit

on equity method of THB 18 mil. or 30% growth 2 higher income tax revenue of THB 18 mil. which incurred in privileged tax saving from the Board of Investment (BOI) by 50% of total actual investment

currently the largest exporter of canned tuna in the world including the canned fruit market such as pineapple, is also a leader in the global market. However, Thailand sales have been declining every year

tuna in the world including the canned fruit market such as pineapple, is also a leader in the global market. However, Thailand sales have been declining every year and in 2017 has decreased by almost 10

1.7%. Beverage business The beverage sales for the fiscal year 2018 was Baht 5,986 million, decreased by 15.1% or Baht 1,068 million from the fiscal year 2017, mainly from declining in green tea markets

(excluding equipment rental) of 45.2% , up from 44.7% in FY17. With continued network investment, net profit was reported at Bt29,682mn, slightly declining 1.3% YoY. For FY19, AIS expects to grow mid- single

purchasing power that are declining, in turns the company had to launched many promotions to drive sales resulting in the decrease of average selling price. 3. Selling expenses Selling expenses in 1H19

% Management Discussion and Analysis of quarter 1 /2020 3 | p a g e Total Assets As of 30 June, 2020 the Company had total assets of Baht 7,356 million, declining from 31 March, 2020 by Baht 25 million or -0.3