0.4% 34.3% EBITDA 248 444 372 -16.2% 49.9% Adjusted EBITDA1 273 451 433 -4.1% 58.2% EBIT 151 333 260 -21.7% 72.7% Interest expenses 10 25 22 -10.7% 116.6% Tax 47 83 37 -55.4% -20.4% Net profit2 126 202

million, decreased by THB 18.06 million or 38.78% down from 1Q2018 mainly from higher selling price of chicken parts for domestic market. Financial Costs Financial costs of the group include the interest

the past year, which required additional debt financing, leading to higher interest expense. Reported share of loss from associates/JVs was THB 23mn, largely due to a share of loss THB 30mn from Sansiri

% 1,783 2,401 34.7% EBITDA 347 524 50.9% 1,357 1,691 24.6% Adjusted EBITDA1 350 535 52.7% 1,238 1,779 43.6% EBIT 252 413 63.9% 1,010 1,258 24.5% Interest expenses 10 17 64.9% 32 88 176.1% Tax 39 66 70.8

retrospectively. The significant principles are as follows:- Derivative financial instruments are used to manage exposure to foreign exchange and interest rate risks, which are recognized initially at fair value

revenue of THB 148mn, an increase of 79.5% or THB 66mn. Higher other revenues was primarily from higher interest and sundry (other) income, as a result of treasury operations and the full- quarter

million or 75.16% up from 1Q2019 mainly from higher production capacity of cooked chicken products from new further processing factory. Financial Costs Financial costs of the group include the interest paid

TFRS16 implementation (THB 106mn), partially offset by a net loan repayment which benefited the Company in reducing the interest costs. Net loss was THB 1,213.1mn and net profit margin was (230.8

of Thailand cut the ceiling rates of interest rates on credit card from 18% to 16% per annum and personal loan from 28% to 25% per annum, effective from August 1, 2020 onwards. On the other hand, our

instruments where applicable. Finance cost was Bt1,320mn, decreasing -4.8% YoY and -3.4% QoQ from lower interest-bearing debt. The average cost of borrowing remained stable at 2.6% per year. Profit In 1Q22