* Note Please find further information in the consolidated financial statements. 1 12th November, 2019 Subject: Management Discussion & Analysis (MD&A) for the 3rd quarter of 2019 Attention: The

commodity swap of 26.79 million Baht due to higher aluminium price. Gain from exchange rate was 9.55million Baht due to appreciation in Thai Baht during this year. 6. In conclusion, for the year 2017, the

คำอธิบายและการวิเคราะห์ฐานะการเงินและผลการดำเนินงาน * Note Please find further information in the consolidated financial statements. 1 February 21st, 2020 Subject: Management Discussion & Analysis

causing exports to reduce from the previous year. The sale of goods to foreign countries has been affected by the continuous appreciation of the Thai baht. Domestic consumption remained stable. Although the

exports to reduce from the previous year. Furthermore, the sale of goods to foreign countries has been affected by the continuous appreciation of the Thai baht. Domestic consumption trend continues to

4.7%. Please find the details of sales growth by business units as follows: - Processed meat business (Traditional Thai Food, Snack and Frozen) recorded its revenue of Baht 1,512.7 Million that 6.6

20.5 Million, or 3.1%. Please find the details of sales growth by business units as follows: - Processed meat business (Traditional Thai Food, Snack and Frozen) recorded its revenue of Baht 366.7 Million

Overview In the year 2017, the overall picture of the apparel industry remained stable in line with the Thai and global economy. The sale of goods to foreign countries has been affected by the appreciation

value that has been revalued to reflect the current market prices of raw materials, which some items were in downtrend and the significant appreciation of Baht, resulting in higher cost of goods sold. The

find full detail on www.trisrating.com) As regards to BGRIM’s annual general meeting (AGM) held on 26 April 2018, BGRIM also granted shareholder approval on issuance of bond in the amount up to Baht