operation, the same as those of previous year. The total sugar volume sale decreased from 202,451 tons (Q3- 2016) to 196,221 tons (Q3- 2017) (2) Oversea Sugar Business, in year 2017, the company exported raw

submit herewith the audited consolidated financial statements of Lee Feed Mill Public Company Limited and its subsidiaries (“the Company”) for the year ended December 31,2017, of which the business

positive same-store-sales growth during 2017 and (3) the increased sales of raw material to franchisees. Franchise fees income increased from THB 15.1 Mn in 2016 to THB 56.5 Mn in 2017, an increase of THB

Company was possible to generate profit from this business unit since there were Made to Order. Which is managing the raw material used to produce edible oil to be profitable. But the storage of crude palm

Normalized Profit attributable to Owners of the Parent 363.3 1,406.6 1,043.3 287.2 1 Operating Revenue consists of Raw Water Sales, Industrial Water Sales, and Wastewater Treatment Services. 2 Other Incomes

1 Translation CEN 012-2020 May 15, 2020 Subject : Management discussion and analysis for business operation Quarter 1-2020 To : The Manager and President The Stock Exchange of Thailand Summarization

of raw materials and packaging, which partly offset the increased of excise tax. Food business Food cost of sales was maintained due to improve efficiency in restaurant operation. Selling Expenses

year are from our 3 business categories as follows: - Aeroflex increased 1.2% - Aeroklas increased 18.2% - Eastern Polypack increased 5.4% Aeroflex’s revenue from sale increases from both domestic and

material. However, the Company was possible to generate profit from this business unit since there were Made to Order. Which is managing the raw material used to produce edible oil to be profitable. But the

2021 2020 Increase (decrease) % Producer and distributor of ready-to-drink milk, drinks 506.76 503.55 3.21 0.64 Immovable property business 3.04 2.95 0.09 3.05 Agriculture and dairy farm 15.72 17.10