, 2017 % December 31, 2016 % Trade and other receivables 80.17 6% 60.87 5% Inventories 81.41 7% 67.80 6% Investment in associated company 476.96 36% 474.65 37% Property, plant and equipment 555.96 42

% Investment in associated company 483.96 36% 474.65 7% Property, plant and equipment 558.59 42% 557.68 5% Biological assets – dairy cow 44.28 3% 38.56 3% Others 61.09 4% 52.82 4% Total assets 1,345.45 100

88.58 Million Bhat as 20.60 Million Baht increased or 30.30 percent when compared to same period of previous year as amount of 67.98 Million Baht due to more selling scrap of materials. (2) Gross Profit

subsidiary recorded gross profit of 4,418 MTHB, improved by 2.8% from the year 2018 due to lower prices of raw materials this year and improvement of production reliability. However, such improvement was

came from waste of raw materials increased 4.48 million Baht, dividend income increased 1.17 million Baht, rental income decreased 1.43 million Baht, gains on sales of machinery and equipment decreased

receivable 87.00 4.25% - - Investment in associated company 272.33 13.32% 286.20 17% Property, plant and equipment 791.98 38.72% 871.72 52% Right-of-used 213.73 10.45% - - Biological assets – dairy cow 48.07

in associated company 280.49 14% 286.20 17% Property, plant and equipment 779.69 38% 871.72 52% Right-of-used 223.01 11% - - Biological assets – dairy cow 48.53 2% 45.97 2% Others 51.32 3% 48.46 3

% Trade and other receivables 199.61 12% 120.51 9% Inventories 161.04 10% 119.88 8% Investment in associated company 319.19 20% 352.51 25% Property, plant and equipment 821.88 51% 712.57 51% Biological

associated company 432.44 30% 483.96 36% Property, plant and equipment 645.19 45% 558.59 42% Biological assets – dairy cow 46.06 3% 44.28 3% Others 52.80 4% 61.09 4% Total assets 1,441.64 100% 1,345.45 100

132.95 10% 104.83 8% Investment in associated company 454.39 33% 483.96 36% Property, plant and equipment 564.29 42% 558.59 42% Biological assets – dairy cow 44.44 3% 44.28 3% Others 40.42 3% 61.09 4