against the USD and EUR in the period. The increase in revenue was primarily due to volume growth of 6.6% Q-o-Q and 3% Y-o-Y that was supported by an increase in capacity from the Phase 3 at the new plant

sales were totally realized in the current period, while unrealized sales accounted for approximately 2.6% in 2Q16. The Q-o-Q increase in revenue was primarily due to sales volume growth that was

to sales volume growth that was supported by an increase in capacity from the investment in Phase 3 at the new plant, but mainly offset by the appreciation of the Baht. Cost of Sales and Gross Profit

price decrease from 16,525 THB/ton to 12,151 THB/ton or decreased by 27%. Although the Company recorded sales volume increase from 196,221 tons to 355,988 tons or increased by 81%. Therefore total revenue

due to the declining in raw water sales volume and net profit attributable to Equity holders of the parent company was 1,117.52 million Baht, decreased by 103.66 million Baht or 8.49%. Income statement

company’s result of 2019 • Total revenue of Q2/2019 decreased 14% are results of no volume from G to G contracts of rice business in Q2/2019, declining in OEM of rice business and also closing food court at

decreased by 439.4 MB, or 23.4 % the mainly reason is that the dividend payment for operation period of year 2016 was paid in Q2-2017. In addition, debt collection takes longer time to collect the money. As a

Mn but this was offset by a reduction in working capital due to (1) account payables which decreased by THB 18.9 Mn in 2018 compared to an increase of THB 85.1 Mn in 2017 (change of THB -104.0 Mn) and

in 2018. Operating profit increased by THB 8.0 Mn but this was offset mainly by an increase in working capital due to (1) account payables which decreased by THB 33.6 Mn in 2019 compared to a decrease

comprises of impairment of deteriorate products and allowance for doubtful account Net Profit The Company posted net profit for the three months period ended 31 March 2018 and 2019 of THB 112.14 million and