and services in amount of Baht 987.27 million, an increase of Baht 56.39 million or 6.06%, which was a decrease of revenue from printing business at Baht 17.04 million or 3.83% and an increase of

assets of the Company and its subsidiary decreased by Baht 29.05 million or 1.00% compared with last year, mostly due to a decrease in cash and cash equivalents of Baht 59.68 million resulting from

million due mainly to a decrease in loss on exchange rate, rental expenses and provision for impairment of deposit for purchase of land. Share of profit from investment in associates decreased by Baht 31

increased from 35.71% as compared to the same quarter of 2018. The main cause stemmed from an increase in proportion of revenue from sales of sauces and condiments, a decrease in sugar and garlic prices and

from the amount as of December 31, 2017 by Baht 133.17 million, or an decrease of 8 percent, resulting from the effective debt management of the Company and its subsidiaries. Shareholder’s Equity As of

% decrease from the same period last year. This was the result from the cessation of the subsidiary’s business operations. 2. Other Income 22.85 Million Baht, increase 17.10 million baht from the same period

submit herewith explanation and analysis of the Management as follows. 1. Income, gross profit, net profit Unit : Million Baht 1. Income 2019 2018 2017 Increase (decrease) 2019-2018 1.1 Construction

of the project to increase production efficiency and results from the calculation of the long-term employment benefits of 400 days scheme at 4.78 million Baht, as resulted decrease in gross profit

to 1.56 times, respectively, with a decrease in inventory holding period from the same period of the last year were 115 days and 116 days. Cash flow received from operating activities decreased from

0.78 times and from 1.53 times to 1.56 times, respectively, with a decrease in inventory holding period from the same period of the last year were 115 days and 116 days. Cash flow received from operating