and interest Objectives To be used for working capital (4) Nature of relationship The Company holds 70% of the share in the Company’s subsidiary, KT Medical Service Company Limited and the details of

Profit Margin (%) 2.40 2.35 3.18 Current Ratio (Times) 1.43 1.43 1.51 Debt to Equity Ratio (Times) 1.79 1.81 1.48 Book Value per Share (Baht) 2.22 2.25 2.39 Net Profit per Share (Baht) 0.45 0.43 0.57

23.60 Net Profit Margin (%) 2.35 3.18 3.30 Current Ratio (Times) 1.43 1.51 1.29 Debt to Equity Ratio (Times) 1.81 1.48 1.73 Book Value per Share (Baht) 2.25 2.39 2.39 Net Profit per Share (Baht) 0.43 0.57

25.51 Net Profit Margin (%) 2.35 3.18 3.55 Current Ratio (Times) 1.43 1.51 1.28 Debt to Equity Ratio (Times) 1.81 1.48 1.76 Book Value per Share (Baht) 2.25 2.39 2.39 Net Profit per Share (Baht) 0.43 0.57

) (3.53) 2.10 59.49% 4 Share of profit (loss) of associates (0.84) (0.35) 0.49 140.00% 5 Profit before income tax 6.46 36.47 (30.01) (82.29%) Income tax (2.97) (9.07) (6.10) (67.25%) Profit for the period

: Manufacturer of finished garments Issued and paid-up share capital : Baht 30,000,000.- classified into 3,000,000 ordinary shares, with par value of Baht 10 per share Pre-transaction shareholding level : 573,000

Limited Page 1/14 Management Discussion and Analysis for year 2019 1. Highlights Unit: million Baht Year 2019 Year 2018 P er fo rm a n ce Revenues 12,923 29,910 Sales Volume (k tons) 710 1,447 EBITDA (271

of Ft down in September 2020 and a drop in overall sales volume of electricity and steam. • Gross profit of Very Small Power Producer (VSPP) and others increased by THB 81 million mainly from

higher selling price and higher sale volume in CNF incoterm, while lower unit sold and appreciation of Thai baht against US dollar. . Cost of goods sold and expenses Three-month (Thousands Baht) Change

growth in chicken export volume. In accordance with all reasons above, consolidated net profit in 2017 accounted for THB 1,748.35 million (or equal to EPS of THB 1.39 per share), or 6.37% up from 2016