RMF units from other financial institutions or explaining the impact of redemption in such manner. As a result, the client became in breach of the conditions for receiving tax benefits and was

a civil penalty and return the benefits earned from the commission of the offenses at the total amount of 50,603,066.50 baht, (6) Supritha was ordered to pay a civil penalty of 333,333.33 baht, (7

subsidiary’s total net profit decreased by Baht 1,468 million or 75% while total revenue from sales and services increased by Baht 1,850 million or 29%. Raw material cost and cash conversion cost increase higher

raw material and cash conversion cost. On a YoY basis, the Company and subsidiary’s total net loss increased by Baht 666 million or 91% while total revenue from sales and services increased by Baht

sales and services amounted to Baht 8,678 million, increased by Baht 863 million or 11% QoQ. Revenue increase came from sale volume increase but still had net loss because raw material cost increase

% Adjusted EBITDA Margin (%) 1.0% 9.3% -8.3% 4.4% -3.4% 4.3% 8.6% -4.3% Net Profit -97 185 -152% -36 169% -113 317 -136% Item from raw materials derogation - - n.a. 14(2) -100% 16(2) -2,004 -101% Tax income

higher than VWAP but still lower than the book value per share of MK. 7. Expected Benefits to the Company The Company will have opportunities to receive capital gain and dividend at the appropriate rate

already been approved: 8 (1) there is a clear fact leading to the consideration that the rules or conditions to be exempted are insignificant to the case and the costs outweigh the benefits derived from

of raw material. Net Profit The Company incurred net profit in Q3/2016 and Q3/2017 amounting to THB 63.9 MB and THB 38.4 MB respectively. Net profit of the company equal to 24.8% and 14.9% of total

three-month period and the nine-month period by Baht 2.85 million and Baht 3.18 million respectively, due to more delivery of raw milk to the customers compared to those of the same periods last year both