the third quarter of 2017, Padaeng Industry Public Company Limited announces a consolidated net profit of 113.53MB, compared to a net profit of 221.45MB for the same quarter previous year. For the 9

4th quarter of 2018). The proportion of gross profit per sales increased due to control of loss from production, the development of the employee’s skills in the production line and the decrease cost of

expenses amounting to Baht 35.26 million, decreased of Baht 14.88 million, or 29.68 percent from Q2/2018, Due to decrease Cost of sales and advertising expenses. The Company and its subsidiaries

Ref. PDI/BK-BS-056/2018 8th August 2018 Re: Management Discussion and Analysis (MD&A) For the 2Q 2018 and 1H 2018 To: President The Stock Exchange of Thailand Due to depletion of Mae Sod Mine’s

subsidiaries' distribution costs and administrative expenses amounting to Baht 50.70 million, increased of Baht 29.80 million, or 142.54 percent from Q2/2019, This was due to the increase in promotional expenses

opinion · 2 . Qualified opinion due to (can choose more than one): ( 2.1 Misstatements that are material, but not pervasive, resulting from: ( 2.1.1 selection of an inappropriate accounting policy

Name of auditor affiliated with audit firm  Financial statements audit  Financial statements / information review  1. Unmodified opinion  2. Qualified opinion due to (can choose more than one): ฆ 2.1

, 2019 Thai economy in 2019 showed decelerating growth at 2.4 percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which contracted further due to the stronger

1Q2020, overall palm oil production in both domestic and international market declined due to the significant impact of drought on agriculture. According to Department of Internal Trade, local crude palm

Q1’2018 to Baht 1,071 million in Q2’2018, primarily due to an increase in revenue and a realization of FX gain attributable to BIP1&2 refinancing project bond in May 2018 compared to previous quarter.  NNP