and explanation For the three-month period ended 31 March 2020, the Company’s sales increased by Baht 149.9 million or 13.6% compared to the same period of 2019. The main reason was that CPO price

company’s performance decreased Baht (8) million as the following reasons: • Total revenue decreased Baht (61) million or (14%) from Baht 433 million in Q1/2019 to Baht 382 million in Q1/2020. The main

%) (18.46) (4.67%) (15.45) (83.69%) EBT 3.98 1.45% 36.98 9.35% (33.00) (89.24%) Corporate Income Tax (5.70) (2.07%) (14.09) (3.56%) (8.39) (59.55%) Net Profit (1.72) (0.63%) 22.90 5.79% (24.62) (107.51%) 31

which had been reviewed by the independent auditor as follows: 1. Summary of the Company’s operating results 2. Analysis of the consolidated financial performance 3. Analysis of the consolidated financial

. However, Normalized Total Revenue from Power Business and Share of Profit from Investments and Dividend was Baht 257.6 million, a 38.3% increase from 1Q2019. The breakdown of the Company’s Revenue and Share

at 31 December 2019 can be summarized the important essence as follows: Operating Result Company’s Financial Statement in the Quarter 1/2020 has net loss amount to Baht 4.65 million or Baht 0.26 per

Company”) would like to submit the Management Discussion and Analysis of the Company’s operation for the three-month period ended 30 June, 2020 with details as follows: Unit: Million Baht Consolidated

: Operating Result Company’s Financial Statement in the Quarter 2/2020 has net profit amount to Baht 19.20 million or Baht 1.09 per share compared to the net profit of Baht 1.56 million in the Quarter 2/2019

baht, increasing 10.41 million baht, or 33.06% from the same period in 2019. Since HM partly manufactures its products to support the Company, when the Company’s production dropped in the first half of

has been reviewed by the Auditor. The overall of the Company’s performance can be summarised as follows: Performance (Income Statement) Q2/2020 Q2/2019 Increase/(decrease) % Revenue Revenue from sales