) media, the release of new products such as crispy seaweed Kimchi flavor, the expansion of Tao Kae Noi Land Shop for further distribution and Tao Kae Noi Land Plus stores as an alternative for tourists to

with a revenue growth of 35.64% in the three-month period in Q1/2018 compared to previous year. Towards the end of the year 2016, the Company invested in a new factory building in response to the

in orders in the first half year, which is expected to recover in Q3/2018. Towards the end of the year 2016, the Company invested in a new factory building in response to the increasing demands from

of recovery in Q3/2018 after the sluggish economy in the first half-year resulting in the drop in orders in Q1-2/2018. Towards the end of the year 2016, the Company invested in a new factory building

personal care in March, resulting in overall Q1’20 growth at 0.8% YoY. Overall international business grew 4.8% YoY at constant FX. - Q1’20 Functional drinks market maintained double-digit growth momentum of

adoption of new financial reporting standards, the acquisition of a new subsidiary and the depreciation of the Thai Baht that affected the value of Company’s overseas assets • Net debt to equity ratio at the

December 31, 2019 To The President The Stock Exchange of Thailand Management’s Discussion and Analysis Consolidated Financial Statements For Year Ended December 31, 2019 Overall Group Performance Table 1

March 31, 2019 To The President The Stock Exchange of Thailand Management’s Discussion and Analysis Consolidated Financial Statements For three months ended March 31, 2019 Overall Group Performance Table

year, the Company has not yet earned income from Excellence Center (New Building) planned to official grand opening in the following year of February 2018) along with the enlarged customer base of the

the prior year of 24.67 million baht or 21.15%. From the recording normal provision expenses was 52.00 million baht and provided general reserve 40.00 million baht. For the overall performance of 2018