004-62-E- คำอธิบายของฝ่ายจัดการ ผลปี 61 MATCHING MAXIMIZE SOLUTION PUBLIC COMPANY LIMITED 305/12 Soi Sukhothai 6, Sukhothai rd., Dusit, Bangkok 10300 Tel : 0-2669-4200-9 Fax : 0-2243-1494, 0-2243

357.05 25% 483.96 36% Property, plant and equipment 712.57 51% 558.59 42% Biological assets – dairy cow 46.27 3% 44.28 3% Others 55.54 4% 61.09 4% Total assets 1,411.82 100% 1,345.45 100% Total assets were

hedging at Baht 1.8 million. Other income from mold supplier, sales of scraps and obsolete equipment reported at Baht 3.2 million. Gross profit margin was dropped from 33.4% to 32.2% due to long aged

์จ ำ กดั (มหำชน) Food and Drinks Public Company Limited 1 | P a g e February 27, 2020 Subject: Management discussion and analysis of the operating results for the year 2019 Attn: President The Stock

% 474.65 37% Property, plant and equipment 547.60 43% 557.68 45% Biological assets – dairy cow 41.59 3% 38.56 3% Others 56.43 4% 52.82 4% Total assets 1,290.14 100% 1,252.38 100% Total assets were Baht

Company’s revenue totaled 448.41 million baht, decreasing by 8.26 million baht or 1.81% on a year-on-year-basis. The revenue from TV program production and equipment rental and service businesses declined

year 2016 by Baht 28.25 million or equivalent to 7.80%, mainly due to increasing dentist remuneration, rental expense and depreciation-medical equipment by Baht 23.88 million, Baht 3.44 million and Baht

(มหำชน) Food and Drinks Public Company Limited 1 | P a g e February 28, 2017 Subject: Management discussion and analysis of the operating results for the year 2017 Attn: President The Stock Exchange of

other receivables 471.67 23% 315.22 19% Inventories 125.97 7% 116.98 7% Lease receivable 83.74 4% - - Investment in associated company 235.09 12% 286.20 17% Property, plant and equipment 803.45 40% 871.72

% 235.09 12% Property, plant and equipment 788.30 39% 803.45 40% Right-of-used 206.93 10% 214.69 11% Biological assets – dairy cow 49.12 3% 46.25 2% Others 39.23 2% 40.33 1% Total assets 2,016.36 100