Food Supply Public Company Limited and its subsidiaries operate their businesses mainly in production and trading of Food Ingredients. The structure of revenues is classified into 6 categories as follows

Public Company Limited and its subsidiaries operate their businesses mainly in production and trading of Food Ingredients. The structure of revenues is classified into 6 categories as follows: 1.1 Flavour

more the resources, R&D and equipment to enhance capability in production and product development. Furthermore, ESPBG’s Sales improved 7.0% over the same quarter of last year, mainly contributed by sales

with a competitive price. As a result, the domestic sales slowed down compared to last year. Furthermore, the manufacturers from China and Europe still maintain their maximum production capacity which

sourcing and import. Analysis of Financial Performance Revenues Business categories Operated by For the year ended 31 December Changes Increase (Decrease) 2017 2016 THB mm % THB mm % Sales 1. Sales from

ended as of December 31, 2019, which can be summarized as follows: Thailand Automotive Industry Total vehicle production volume for the year 2019 dropped by 7.10% to 2,013,710 units, compared to 2,167,694

) Increase (Decrease) Million Baht Million Baht Million Baht Percentage Total Revenues 841.14 1,265.18 (424.04) (33.52) Cost of Goods Sold and Service 873.94 1,157.10 (283.16) (24.47) Sell and Administration

Version) Increase (Decrease) Million Baht Million Baht Million Baht Percentage Total Revenues 841.14 1,265.18 (424.04) (33.52) Cost of Goods Sold and Service 873.94 1,157.10 (283.17) (24.47) Sell and

) Q1/2020 Q1/2019 Increase/(decrease) % Revene Revenue from sales 99,844 51,495 48,349 93.89 Revenue from services 1,967 25,685 (23,718) (92.34) Cost of Sale (71,275) (41,034) 30,241 (73.70) Cost of

demand in the market. Excess production in China caused extra problems as the local production could not be shipped out due to pandemic, resulting into an intense competition and price in China. For