year 2019 was Baht 116.44 million, decreasing by Baht 26.14 million or 18.33 % when compared to that of Baht 142.58 million in the year 2018. The total revenue comprised:- - The revenue obtained from

Management Discussion and Analysis 2017 P a g e | 2 Business Segment Performance In 2017, total revenue was THB 5,570 million, decreasing by 2.7 % from last year. Total revenue and EBITDA breakdown is as

Education Philippines Inc. In 3Q18, a loss in EBITDA from Education Business was THB 4million, decreasing by 1million or 33.3% yoy. Other Business Revenue from Other Business was THB 15 million in 3Q18, an

effort aims to minimize the impact and prevent more individuals from falling victim to such fraudulent schemes. 

to the same period of 2018, the loss was Baht 140.04 million, decreasing of 38.42%. The Company would like to clarify significant changes in the Group’s operating results as follows: 1. Revenues from

processing segment for 9M2018 was THB 5,450.79 million, decreased by THB 246.10 million or 4.32% down as compared to 9M2017 mainly from decreasing in revenue from domestic sales of chicken parts. Feed Segment

the year. Foreign purchasing power was greatly contracted by the impact of trade war affecting the sales volume while the falling price of raw materials in global market and intensive competition among

subsidiary for the third quarter of the year 2017 was Baht 22.33 million, decreasing by Baht 30.23 million or 57.52% when compared to that of Baht 52.56 million in the third quarter of the year 2016. The total

control expenses and management expenses are efficiency. Finance cost are decreasing 22.14% from debt are decreasing from last year. The Company had net profit for the period Baht 7.61 million increased in

its subsidiary for the third quarter of the year 2019 was Baht 26.97 million, decreasing by Baht 14.16 million or 34.43% when compared to that of Baht 41.13 million in the third quarter of the year 2018