, a slight decrease of 4.2 million Baht or 0.5 percent comparing the same period of the previous year. Thus, the gross profit margin Management Discussion and Analysis (MD&A) for Q2/2019 Page 6/7

ending month for the soil prepartation period thus, the Company placed less purchase orders for raw materials to oversea suppliers in this period. As of June 30, 2019 the Company and its subsidiary had a

company in amount of 1.41 million baht, thus resulting in a better net profit in comparison to previous year. Separate financial statements in current period have long-term employee benefit expenses

from 1Q 2018 at 10.8 times. The Company is undergoing its capital increase through a Rights offering (RO) thus will positively affect the current debt to equity ratio. Please be informed accordingly

, and has thus entered into the Assets Sale and Purchase Agreement with the Seller on October 11, 2018, with the essence as follows: Contractual Parties : NPP Food Incorporation Company Limited, as Buyer

transfer of 182 residences of the total 209 residences in the previous quarters thus making slower sales momentum for this quarter. The Company had total selling and administrative expenses of 1,300 million

’ product launch, JKN Mega Showcase, etc., it is thus necessary to use this premises for storage of the Company’s materials and equipment for the event organization. Interested Directors : Mr. Jakkaphong

since real estate business is the significant driving force of the economy. The government has thus issued measures to boost the real estate market i.e. tax deduction of up to 200,000 THB for first time

increasing continuously until the first quarter of 2018 and decreased again in second quarter of 2018 to fourth quarter of 2019 after that slightly increased in the first quarter of 2020. Thus it will become

-peak period (during the low electricity tariffs) and the average capacity utilization was only 61%, thus, the current estimated useful lives under straight-line depreciation method caused the Company to