Including the administrative expenses of the property development business from the purchases in last quarter of 2017. 4. Bad debts and doubtful accounts decreased from the previous year by Baht 10. 57

this quarter amounted to Baht 372.33 million 2.4.1The extraordinary expenses incurred in this quarter were provision for doubtful accounts of short-term loans amounting to Baht 127.99 million. 2.4.2 The

, there was an extra expense, which was to set up an allowance for doubtful accounts of a short-term loan of 1 2 7 .9 9 million baht of a subsidiary. And loss from sale of investment in a subsidiary of Baht

any facts that are material. 3. Opinions of the independent expert on the entering into the transaction The Company has appointed Capital Advantage Company Limited as the independent financial advisor

and raw material importation by hedging forward contract from several financial institutions. Industry Overview In 2018, Thailand’s chicken meat export reached an all-time high which equaled to THB

on our audited financial statements for the years ended December 31, 2016, 2017 and 2018 and for nine-month periods ended September 30, 2018 and 2019 based on our reviewed interim financial information

% Costs from Sale 489.97 478.57 11.40 2.38 Selling Expenses 36.67 38.25 (1.58) (4.13) Administrative Expenses 36.56 37.52 (0.96) (2.56) Financial Expenses 0.00 0.00 0.00 0.00 • Cost of sales increased by

24.9% to THB 51mn from THB 41mn in the same period last year. FINANCIAL POSITION MACO started the consolidation of COMASS’s statements of financial position since 30 June 2017 (the date on which the

503.46 466.92 36.54 7.83 Selling Expenses 40.71 41.92 (1.21) (2.89) Administrative Expenses 35.54 36.36 (0.82) (2.26) Financial Expenses 0 0 0 0 • Cost of sales increased by 36.54 million baht or 7.83

156.3% 148.1% Gross profit 156 177 210 18.3% 34.6% Selling, general and administrative expenses 79 106 124 17.5% 58.1% EBITDA 108 113 127 13.0% 17.6% Net profit from financial statement 65 62 74 20.6