with the same period of the previous yearly To: The President The Stock Exchange of Thailand Due to The Manufacturing Production Index (MPI) grew by 1.58 percent from 2016, making Thai economy more

0.7 MB or 0.9% YoY. Due to the increase in orders for frozen shrimp and ready-to-eat frozen food. At the same time, the Company has opened a new production line. Which is the production of frozen

plans to move molds from Thailand to India to increase production capacity for automotive models in the Indian’s main market and create economy of scale. Also, the cost of production in India is lower

. What is more, the Company plans to move molds from Thailand to India to increase production capacity for automotive models in the Indian’s main market and create economy of scale. Also, the cost of

year (decreased by 3.3 percent from Q4/2019), primarily due to the declining prices of seaweed as main raw materials in the production by 8 percent and the discontinuation of the production line in the

: - Thailand & Indonesia – production at very minimum level despite no closure of business due to most OEMs in Thailand had stopped their production until July 2020. Malaysia – very low production in May 2020

production cost per unit has increased. During 9M19, the Company’s gross profit margin is 36.67% which decreased from 37.52% in 9M18. This is because the customers’ purchase orders had declined, and as a

4,520 8,678 Group EBITDA (120) 874 Group Net Profit (Loss) (869) (431) HRC Sales (k tons) 251 419 HRC Production Volume (k tons) 242 606 HRC Average Selling Price (Bht/Ton) 18,029 20,713 Unit : million

between the parties, with reference to valuation of share price by discounted cash flow method.   - 16 - 7. Expected benefits 1. Acquired businesses are similar or support business of the Company. Because

benefits 1. Acquired businesses are similar or support business of the Company. Because the company have invested in the biomass power plant project since 2016, and the management of the company intends to