came from the Company start recognize revenue from large project in second Quarter of 2019 while the same period of current year the Company hasn’t get any large project. Management’s discussion and

boost up utilization rate over the existing capacity, but also leverage the Company distribution networks of over 180,000 retailers nationwide. Revenue from sales by product group Unit: THB million 2019

THB 5,770.02 million (31.83% of total assets) in current assets, THB 8,447.16 million (46.59% of total assets) in property, plant and equipment (PP&E), THB 2,687.52 million (14.82% of total assets), in

current assets, THB 7,850.71 million (46.69% of total assets) in property, plant and equipment (PP&E), THB 2,654.67 million (15.79% of total assets), in investments in associated companies, THB 462.42

6.85 932.66 5.77 1,013.27 5.83 Inventories 3,173.50 21.19 3,653.33 22.61 3,608.19 20.78 Other Current Assets 16.27 0.11 18.15 0.11 14.10 0.08 Total Current Assets 4,808.89 32.11 4,915.01 30.41 5,371.82

' %*# %) 3.(.0 & ' ."+# + (1!0 ! +) ."' 1 ) 2! options 4 option premiums 2! forwards / swaps +) 0-! pricing %( 24 1 .. 54 25 1 : !" . "$%" (.* % &' J0 0) #3 . current value 0"'/+1 1

3,166.0 million baht from: Unit: million baht As at March 31, 2018 As at December 31, 2017 Variance Current assets Cash & cash equivalents and current investments 11,104.0 9,995.9 1,108.1 Trade and other

million baht from: Unit: million baht As at March 31, 2018 As at December 31, 2017 Variance Current assets Cash & cash equivalents and current investments 11,104.0 9,995.9 1,108.1 Trade and other

the entire ordinary shares of Leyland Company Limited (“Leyland”) from its existing shareholders of Leyland by Fancy Asset Company Limited (the “Subsidiary”), the subsidiary of the Company. The Company

investment, and the Company shall, then, seek for investors who are interested in the project. At present, the current management, representing the existing shareholders, has been the operator to find