On July 27, 2017, CTBC Bank Company Limited has entered into the shareholder of the company amount of 7,544,961,342 shares or 35.6169% of the paid-up capital. As a result the shareholders structure as

Analysis for the year ended 31 December 2019 Page 4/22 Performance Evaluation of Corporate Governance The Thai Institute of Directors Association (IOD) disclosed the result of 2019 corporate governance

expenses; and 6) higher finance costs due to higher borrowings as a result of additional investments in machinery and joint ventures both in Thailand and overseas.  EBITDA in Q1/2018 was Baht 75 million, a

. The Company’s net loss has increased by 94.32 million Baht or 172.94%. Increased loss is the result of adjusting up-down price of crude palm oil during 2019, the Crude Palm Oil (“CPO”) price was

revenue of THB 3,818.1 million, increased 48.2% from the ended of the year 2018 as a result of commercially available for two hotels as part of the Project CROSSROADS Phase 1 which commenced the operation

2017/18. PERFORMANCE ANALYSIS (3Q 2017/18 vs 3Q 2016/17) The Company was able to achieve a further significant increase in revenue and net profit, as a result of our strategic realignment despite the

7,930.03 8,296.77 Increase (Decrease) % Quarter 2 The operating result according to the consolidated financial statement for the 2 nd quarter of 2019 showed the profit (attributable to owners of the Company

, significantly increasing from the same period last year due to higher operating EBITDA, as a result of hotel business expansion and gain from exchange rates • Reported net profit of THB 393mn (compared to a net

Assets. As a result, the Company is required to disclose the information memorandum on entering into such transaction to the Stock Exchange of Thailand (the “SET”) and to send a circular letter to the

was at 4.4%, increasing 1.3% due to sales increased amount of Baht 66 million or 18.4% while cost of sales increased amount of Baht 55 million or 20.0%. As a result, gross profit increased amount of