structure The Company continues to emphasize the efficiency of management of financial structure, be flexible in time of economic fluctuation and maintain financial costs to be appropriate for business

total shares sold of the Company (as of the book closing date on 31 December 2015) Informaiton of Mr. Niramd Ngarmchamnanrith Age : 63 years old Address : 99/5 Moo 1 Tumbol Bang Num Jeud, Muangsamut

Table 1 Core Financials of Consolidated Business 2 Table 2 Segment Results (New segment) 6 Table 3 Pipeline of Ongoing Projects 2019-2021 9 Table 4 Segment Results (Old segment) 13 Table 5 Regional

2019 MD&A 12 List of Tables Table 1 Core Financials of Consolidated Business 2 Table 2 Segment Results (New segment) 6 Table 3 Pipeline of Ongoing Projects 2019-2021 9 Table 4 Segment Results (Old

Table 1 Core Financials of Consolidated Business 2 Table 2 Segment Results (New segment) 5 Table 3 Pipeline of Ongoing Projects 2019-2021 11 Table 4 Segment Results (Old segment) 15 Table 5 Reconciliation

, driving higher yield loss; and cost from relocating some product from the old production line to the new one. However, production cost of the new machine has been gradually improving every month. Q2/2018

those businesses. The assessment was made for the purpose of recording the fair value of the Company's and PRE's investments in PP1 and PP3. The Company, therefore, emphasize in asset value by comparing

consisted of revenue from selling live broilers to GFN, our joint venture, and selling day-old-chicks to both international and domestic market, represented 36.60% of total sales, amounting THB 1,448.90

contribution due to provisioning needs for old receivables. A similar impact is seen year to date where core business is running well beyond the same period in 2017 while the impact from lack of engineering

recognize the remaining amount from the old project as revenue in fourth quarter of 2019 in an amounting of Baht 15.03 million. Sincerely Yours, Wijit Techakasem ( Dr.Wijit Techakasem ) Managing Director