follows:  Revenue from sugar business increased 19.0%, as a result of higher international sugar sales volume, together with higher average sugar selling price.  Revenue from bleached bagasse pulp

contractor. IFA is of opinion that: While purchasing price of B37 per share is in line with fair value estimated by IFA at B37.70, IFA did not obtain information on other investors? investment cost and was

. IFA is of opinion that:1. While purchasing price of B37 per share is in line with fair value estimated by IFA at B37.70, IFA did not obtain information on other investors? investment cost and was unable

Expenses (130.8) (152.9) -14.5% Finance Costs (366.6) (459.9) -20.3% Share of Profit from Investments in Associates and Joint Ventures 2,047.4 1,936.1 5.7% Income Tax (Expense) Income (49.1) (18.2) 170.4

15.3% Administrative Expenses (34.5) (8.4) 308.8% Finance Costs (76.9) (93.7) -17.9% Share of Profit from Investments in Associates and Joint Ventures 339.2 659.2 -48.5% Income Tax Expense (6.3) (6.8

thus significantly reduced the cost of sales and administrative expenses . Overall gross profit margin improved to 42.3% from 30.7% in 2018 Selling and Administration expenses The Company recorded

price and time. Discussion and Analysis of the Company and its subsidiaries Operational Results in 2018 and 2017 Corporate Revenue In 2018 the Company and its subsidiaries’ total earnings amounted to 880

for milk and yogurt and consumer was in steady state. 2. The consolidated gross profit margin was 13.48%, decreased from the same period of last year at 15.43% due to increase in plastic resin cost

was increased by THB5.13 million or 12.55% increase due to causes as following: 1. Revenue and cost from real estate this year was increased by THB18 million and THB15.39 https://market.sec.or.th/public

firms in the capital market, and regularly inspects and issues inspection https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=9346 SEC reveals non-compliance of EIC tender offer price Bangkok, January