sugar supply surplus in 2018 which still affects current price, now trade around 12 - 13 cent/lb. As a result, the Company recorded a decrease in average sugar price from the previous year. Therefore the

surplus in 2018 with the additional of domestic price decrease from the new sugar regime that domestic price will float along with global price. As a result, the Company recorded average sugar price

to 12,526 THB/ton. At the beginning of 2017, world sugar price has climbed up to 20 cent/lb then dropped sharply to 12 – 13 cent/lb now, due to global sugar supply is surplus in 2018 with the

previous year (2018 net profit was THB 272 million). The decrease was due to the following reasons: 1. Revenue from sugar was decrease due to Global supply surplus in 2019 with addition of domestic price

decrease was due to the following reasons: 1 Due to Global supply surplus in 2018 with addition of domestic price decrease from new sugar regime that domestic price will float. As a result, gross profit

making this process is reasonable and also will get the benefit to the company. This is because there is the plenty of tourists both Thai and foreigners in the selected location which in accordance with

will get the benefit to the company. This is because there is the plenty of tourists both Thai and foreigners in the selected location which in accordance with the company’s strategy. 10. Opinion of the

and Audit committee All directors and Audit committee is totally agree that making this process is reasonable and also will get the benefit to the company. This is because there is the plenty of

(233.38) (241.56) 8.18 3.39% Changes in revaluation surplus 9.61 - 9.61 N/A Currency differences on translation 0.72 0.54 0.18 32.88% (317.93) (839.98) 522.05 62.15% (310.61) (801.30) 490.69 61.24% Gross

respectively, an increase of THB 96.5 Mn or 35.9%. This increase in shareholders’ equity was attributed to the company net profit during the period of THB 81.8 Mn and increase in surplus on businesses