investment in a subsidiary - - - 13,850 - 13,850 100.0 Total Expenses 285,341 281,147 4,194 1.5 241,254 217,614 23,640 10.9 Profit before finance cost and income tax expenses 115,353 119,930 (4,577) (3.8

sales promotion. 4. The company had higher income tax expenses of Baht 18.92 million due to the increased profit. .../2 Translation - 2 - The company hereby reports to the SET accordingly. Sincerely yours

% Administrative expenses 575.22 11.39% 585.93 10.28% (10.71) -1.83% Specific Business Tax 191.18 3.79% 218.42 3.83% (27.24) -12.47% Finance Cost 199.80 3.96% 176.52 3.10% 23.28 13.19% Exchange Losses (Derivatives

venture agreement - 15.77 (15.77 ) (1.00 ) Impairment loss of land held for development - 5.83 (5.83 ) (1.00 ) Total expenses 68.47 154.19 (85.72 ) (0.56 ) Profit (loss) beforefinance cost and income tax

' financial costs was decreased Baht 3.47 million or 22.83 percent, because loans from financial institutions and loans from other companies decreased. Tax expenses The Company and its subsidiaries' tax

) (75.7%) Profit before income tax 229.2 235.2 419.2 78.2% 82.9% 559.9 1,302.8 132.7% Tax income (expenses) (1.1) 14.6 (9.0) N.A.(

%) Administrative expenses (67.3) (82.1) (106.1) 29.2% 57.7% (232.4) (272.9) 17.4% Finance costs (27.8) (35.7) (36.1) 1.1% 29.9% (79.2) (105.9) 33.7% Profit before income tax 419.2 388.3 446.0 14.9% 6.4% 1,302.8

remuneration, tax penalty, and accounts receivable previously recorded as stock under consignment in 2011 and subsequently re-arranged to sale transactions in 2012. The SEC, therefore, has instructed TUCC to

. In 2022, River Kwai International Food Industry Co., Ltd. estimates that it will be entitled to exempti from corporate income tax on net profits from its operations in 2022, causing the company to not

) (121.4) (106.7) (12.1%) 11.1% (187.1) (228.1) 21.9% Finance costs (29.1) (43.6) (49.6) 13.8% 70.4% (63.6) (93.1) 46.4% Profit before income tax 433.9 287.0 342.5 19.3% (21.1%) 778.8 629.5 (19.2%) Tax