E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4

revenue from Epicure Catering Co., Ltd, which the Company invested in February 2019. This investment caused the growth in Food Business which the revenue from this business was 9.2% of total revenue. Even

had successfully recorded a sales growth of Baht 27.4 million, or 4.1% year-over-year. Please find the details of sales growth by business units as following: - Processing food from meat business

revenues were able to growth better than overall of the industry. 2. Selling and Administrative Expenses Selling and Administrative Expenses increase in accordance with sales. In Q3/2019, the company’s

corresponding period last year, or 36.62% increased, which was better than the average growth rate of industry. These are because of our correct expanding strategy that emphasized on real demand segment, and

corresponding period last year, or 45.30% increased. The increment was in accordance with company’s expanding strategy and management; therefore, company’s revenues were able to growth more than overall of

% increased. The increment was in accordance with company’s expanding strategy and well management in marketing and sales; therefore, company’s revenues were able to growth better than overall of the industry

The Securities and Exchange Commission (SEC), in collaboration with Global Green Growth Institute (GGGI) and Luxembourg Green Exchange (LGX), organized a capacity-building workshop under the theme

collaboration framework and entered into MoU signing to lay the foundation for capital market cooperation to promote sustainable growth in the region.  Vorapol Socatiyanurak, SEC Secretary-General revealed the

inspection showed impressive progress, paving the way to the quality enhancement and increase the number of capital market auditors to accommodate the growth of Thai capital market.   Tipsuda Thavaramara, SEC