sugar supply surplus in 2018 which still affects current price, now trade around 12 - 13 cent/lb. As a result, the Company recorded a decrease in average sugar price from the previous year. Therefore the

surplus in 2018 with the additional of domestic price decrease from the new sugar regime that domestic price will float along with global price. As a result, the Company recorded average sugar price

to 12,526 THB/ton. At the beginning of 2017, world sugar price has climbed up to 20 cent/lb then dropped sharply to 12 – 13 cent/lb now, due to global sugar supply is surplus in 2018 with the

previous year (2018 net profit was THB 272 million). The decrease was due to the following reasons: 1. Revenue from sugar was decrease due to Global supply surplus in 2019 with addition of domestic price

decrease was due to the following reasons: 1 Due to Global supply surplus in 2018 with addition of domestic price decrease from new sugar regime that domestic price will float. As a result, gross profit

. 0107536001133 6) Expected Benefits of the Transaction The Company is in need of working capital for its business operation and liquidity supplement, including to resolve the debt problem of the Company. The

(233.38) (241.56) 8.18 3.39% Changes in revaluation surplus 9.61 - 9.61 N/A Currency differences on translation 0.72 0.54 0.18 32.88% (317.93) (839.98) 522.05 62.15% (310.61) (801.30) 490.69 61.24% Gross

. The selling of these land titles is a part of the direction to resolve the grounds of possible delisting. Board of Directors and Auditing Committee’s opinion: Considering the current economic condition

management strategies and resolve the situation. Please be inform accordingly, Yours sincerely, (Mr. Kitti Phuathavornskul , Ms.Netirad Sang- ngam)

company closely monitors the situation in order to adjust strategy, management, and resolve any situation in a timely manner. For the collective financial statement, the Company Group earns from