Microsoft Word - MD&A Q2-2019 (revised 2) (1).docx August 6, 2019 Reference no. RWI /RY/011/2562 Subject : Management’s Discussion and Analysis of Business Operations of the Second
submit herewith the audited consolidated financial statements of Lee Feed Mill Public Company Limited and its subsidiaries (“the Company”) for the year ended December 31,2018, of which the business
follows; 1.1 Sales of Biodiesel, Edible oil Refined Glycerine, Raw material and By-product ▪ For the year 2022, The sales volume decreased by 10.58% and the revenue from Biodiesel business decrease by
revenue in the milk-manufacturing business. - Inventories increased Baht 13.61 million, during quarter 3/2017, the Company had order to be used for the production of raw material to customers increased
from sale. The direction of raw material is improving 3. Selling and administrative expenses was increased by 17.6 million Baht or 3.4 % from the supporting in marketing activity in all business unit. In
our 3 business categories as follows: - Aeroflex increased 11.57% - Aeroklas increased 4.92% - Eastern Polypack decreased 9.06% Revenue from sale of Eastern Polypack softens due to the slow recovery in
) positive same-store-sales growth during 2017, (2) opening new branches and (3) 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
year. Farm business saw is income increase Baht 20.08 million, due to more delivery of raw milk to the customers compared to those of the same periods last year both. The increases were 46%. 1.2 Cost of
records in accordance with TFRS16. - Farm business saw its income increase Baht 2.49 million, due to less delivery of raw milk to the customers compared to those of the same periods last year. The decreases