Thailand and NESDB, overall Thai economy in 2018 expanded by 4.1%, higher than 4.0% growth in 2017. This was mainly from acceleration of private consumption and investment, as well as improving domestic

, a decrease of 4% YoY, mainly due to financial statement adjustment in accordance with new Thai accounting standards and decline in overall fruit juice market. Export branded sales continued to grow

million, a decrease of 4% YoY, mainly due to financial statement adjustment in accordance with new Thai accounting standards and decline in overall fruit juice market. Export branded sales continued to grow

increased, with the amount collected from bad debt written off which was recorded as revenue of 20 million Baht. The overall NPL ratio of the Company was 4.44% in Q2 of 2019. In the operational direction for

previous year, compared with the net profit of Baht 176.56 million in previous year. The overall increase in sales is due to the recovery of the Thai economy in 2017, driven by strong tourism, exports and

1 Ref: AC.028/2018 13 November 2018 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange of Thailand Overall operating

the increase in sales and overall gross profit margin, the reduction in sponsorship fees to CFC and the effective management over selling and admin expenses, which compensated higher financial expenses

year even though the situation seems to get better in this quarter but the overall sales of 6 month-period of this year were still less than last year. 2. Cost of sales of goods and Expenses 2.1. Cost of

. In order to maintain overall financial results, the Company has initiated strategies focused on improvements in operational efficiency and expense control, such as adapting to the ‘new normal’ of

year remains uncertain, depending on the domestic COVID-19 containment and the hope of getting a thorough vaccination program. For the overall Group's business operations, in the first quarter of 2021