27 April 2018, the Annual General Meeting of the Company’s shareholders passed resolution approved an increase in the Company’s registered capital from Baht 474,917,334 to Baht 624,892,534 by issuing

expand in the future. Business Operating Results and Profitability Transaction For the Year ended 31st December (Unit: Million Baht) Year Increase (Decrease) 2018 2017 Amount % Total Revenues 575.16 614.82

In The year 2018, finance cost are THB 123.37 million which increases from that of year 2017 by THB 90.15 million. an increase of 271.37 percent compared to last year Please be acknowledged accordingly

administrative expenses of Bt701. 4 million, increasing by Bt89. 6 million or 14.6%(y-o-y) due to 1) the affected by the Labor Protection Act 2) the increase in personnel expenses and 3) the increase in consulting

total increase in profit of Baht 68 million or 83% of the previous year mainly came from the significant transactions as below : 1. The gross profit of feeds business was higher than the previous year

year, due to the annual adjustment of salary base, which caused the increase of salary expenses by 10.2%, compared to the previous year. 3. The Company had the share of profit (loss) from investments in

cost of sales increased by 2.57 million baht, representing a gross margin for the three months 38.54 % (2016: ratio 42.97 %). Cost increase as a result of increased raw material prices which makes the

flour decline in the ratio is less than the average price of raw materials fell. The average product price of bran was higher. And the use of capacity at the increase was 7.6 percent from the same period

of machinery and equipment decreased by 5 million Baht. Summary of revenues, expenses, and profit are as follows; (Unit : million Baht) Q 2 ended 30 June % changes 2017 2016 Increase (decrease) Sales

Vanachai Wood Smith Co., Ltd. There is an agreement to increase the capital not more than 1,400,000 shares, and the company will invest in newly-issued ordinary shares in entire 1,400,000 shares at 10.00