decreased by -6% as a focus on optimizing costs has shown good progress. On the variable cost side fuel costs were higher than in the same period last year and also in fixed costs related to production

or 3.10%. This is mainly because of the increased in overhead expense of production process. Selling and Administrative Expenses For the period ended 31 December 2018, the Company’s selling and

total amount of 87.07 million baht. And on process of permission water production and distribution concessions. 2. Waste water treatment system investment project in Myanmar It is an investment form of

provisions of impairment of assets from the shutdown of roasted seaweed production line in USA in the amount of 26 million Baht and closure of 4 Taokaenoi Land shops in the total amount of 4 million Baht. The

of food and beverage amounts to 405.7 Million Baht, increased by 28.9 Million Baht or 7.7% compared to the previous year due to sales growth in the unit. As for processed food, production re-evaluation

คำอธิบายและการวิเคราะห์ฐานะการเงินและผลการดำเนินงาน * Note Please find further information in the consolidated financial statements. 1 February 21st, 2020 Subject: Management Discussion & Analysis

of new customers even though the production cut of our current customers in some industries still exists. Compare to the revenue of Q2/2016, the revenue slightly improved. The company has invested in R

like to clarify operating performance of the Company three-month for the Quarter 3/2017 ended September 30, 2017 are as follows : Statement of Income Total Revenue The company earned THB 258.0 MB in Q3

rates in respond to high vegetable oil price. Despite the increase of main raw material costs, the products’ spread margin was improved together with the reliability of production unit throughout the year

are as follows; Operating Performance 1. Revenues Unit: Million Baht In general of the year 2017, the Company could generate total revenue with growth rate 6 percent that came from the growth of