reduction. In the contrary, Export Branded Business sales increased 6% YoY mainly due to sales increase from fruit juice and dairy products that grew 26% YoY. However, Long Quan Safe Food JSC (LQSF) Vietnam

of 530 million baht or 2.12 baht per share, decreasing by 46% y-y. The financial performance can be summarized as follows. Overview The Thai economy in the first quarter of 2020 contracted by 1.8

) 0.66 (1,320.00) 0.72 0.05 0.67 1,340.00 Business overview As the coronavirus pandamic (COVID-19) has been spreads to global pandamic, including Thailand. The government has luanched many preventive

liability increased by THB 212 million or 10%, on account of: 1. Trade accounts payable increased by THB 129 million. 2. Advance received from customer increased by THB 75 million. 3. Short term and long-term

current portion of long-term borrowings from related parties of subsidiary which increase by Baht 275 million. Total non-current liabilities amounted to Baht 3,403 million, decreased by Baht 72 million or 2

measurements from various sectors both domestic and international and lessening of the global lockdown and international travel restrictions. Business Overview For the operating result in 2Q2020, the total

who receive replacement therapy with dialysis by dialysis machinery (Dialysis Center) and distribution of medical equipment as well as medical service concerning health and esthetics. 2. Overview of

1st quarter of 2021, as follows: Business Overview The Thai economy in the first quarter of 2021 was pressured by the domestic COVID-19 situation that impacted the country’s economic recovery momentum

exchange rate, resulting in a decrease in net profit ratio (ROS) from 16.00% in 2018 to 14.78% in 2019. The total expense to total revenue ratio increased from 13.32% in 2018 to 17.46% in 2019. 1. Overview

[COMPANY NAME] Ref.: EFORL IR007/2020 March 4, 2020 Subject: Management Discussion and Analysis Yearly Ending 31 December, 2019 To President The Stock Exchange of Thailand 1. Overview financial