Company’s working capital is indirectly subsidized via trade creditor in form of loan and via business partners in form of raw material supported for production (under Collateral Management Agreement – CMA

) Period Packaging Business which the main raw materials are film, printing and solution, labor costs and overhead including operating expenses 3. Expansion of the Company's business by building a warehouse

%) (Reversal of) loss on confirmed purchase orders for undelivered raw material 21 0 100% Other income 97 45 116% Total income 13,268 30,180 (56%) Expenses Cost of sale - Cost of goods sold 13,386 29,342 54

exchange gains 71 0 100% (Reversal of) loss on confirmed purchase orders for undelivered raw material 3 0 100% Other income 19 12 56% Total income 4,022 7,828 (49%) Expenses Cost of sale - Cost of goods sold

of raw materials and packaging, which partly offset the increased of excise tax. Food business Food cost of sales was maintained due to improve efficiency in restaurant operation. Selling Expenses

) loss on confirmed purchase orders for undelivered raw material 0 37 (100%) Other income 13 38 (66%) Total income 2,709 3,573 (24%) Expenses Cost of sale - Cost of goods sold 2,796 3,605 22% Cost of sale

participants in all the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business environment. The raw material

(101) 2 0 12 600 Net Profit after extra items (22) (1) (1,853) (44) 1,831 (99) 22 1 (44) (200) Notes : (1) Including Gain/(Loss) from FX and Derivatives (2) Extra items were the item from raw material

compare to the same period of 2016 which gross profit margin was 19.01%. Due to the raw material in stock was higher than the average market price. 3. Selling expenses was Baht 27.26 million which increased

compare to the same period of 2016 which gross profit margin was 19.01%. Due to the raw material in stock was higher than the average market price. 3. Selling expenses was Baht 27.64 million which increased