three measurement categories; amortized cost, fair value through other comprehensive income (“FVOCI”) and profit or loss (“FVTPL”) driven by the entity’s business model for managing its financial

and raw material importation by hedging forward contract from several financial institutions. Industry Overview In 2019, Thailand’s chicken meat export was about 954,010 tons, 6.93% up from 2018 and

economic conditions in the contract. Selling expenses were THB 488 million, a decrease of THB 204 million or 29.5%, representing 12.6% of total sales, down from 19.1%. The details of key expenses were as

Total Sale and service Other income Total revenues Revenues from sales and services 373.38 0.05 0.77 374.20 14.22 388.42 Cost of sales and services (429.28) (0.04) (5.91) (435.23) 0.00 (435.23) Gross

% Finance cost 18.41 36.80 18.39 99.89% Income tax expenses 22.21 28.27 6.06 27.29% Net profit 80.50 95.26 14.76 18.34% Net profit ratio (ROS) 18.98% 20.67% Earnings per share (Baht) 0.13 0.16 0.03 23.08

% 163.14 8.86% (79.25) (48.58%) Other Income 1.48 0.14% 0.73 0.16% 0.75 102.33% 1.55 0.08% (0.08) (4.96%) SG&A (34.84) (3.34%) (27.63) (6.14%) 7.20 26.06% (28.99) (1.57%) (5.85) (20.18%) Tax Expense (2.12

2565 ADVICE - แนบเอกสารประกอบงบการเงิน-En Statement of Comprehensive Income (Consolidated) (Unit : Million Baht) 2021 2022 Increase (Decrease) %YoYAmount % Amount % Sales and services   14,305.82

incurred from the acquisition of GLOW. However, the net profit of the company excluding amortization of the difference between fair value and book value of the net assets of GLOW (Adjusted Net Income

investment for the project is budgeted at 237 million baht. Project Name The minimum purchase amount per day (cubic meter) The total purchase amount (Contract 10 years) (cubic meter) Selling water to

30.5% Considering each type of income, the revenues from sales, services and construction contract of the year 2017 increased from those year 2016 because the Company received large-scale projects that