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

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 sales and

, mainly are from - Increase in sales from traditional trade of 33% and price adjustment in all channels, reflecting raw material price increase. - Increase in sales from government contract of 190% to 325M

(raw material), COGs/revenue ratio of Q1/2019 are at high level. This is because of high stock level carried over Q4/2018.  Increase in cost of sales of are main impact to minus in bottom line. 3 / 4

interruption so very low impact estimated Supply Chain Risk- • Australia-the biggest exporter of iron ore, which is one of the major raw materials for steel production, currently is in the list of top 20

production line of flexible packaging and the machine setup process is not complete and new employee lack of expert skill and the use of raw material is inefficient, cause a high production cost. 3. Selling

Million for Last Year Quarter mainly due to increase in loss on devaluation of Finished Goods and Raw Material by THB 158 Million and lower Foreign Exchange Gain by THB 95 Million compared to Last Year

of the price fluctuation risks, has set the policy determined especially in raw material procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material (CPO

spare part and equipment. Net loss, cause from the epidemic of COVID-19. Steel demand decrease and lead to price reduction. The difference between selling price and raw material cost per ton (Metal spread

% 215 -32% 361 730 -51% Adjusted EBITDA Margin (%) 4.4% 6.8% -2.4% 7.6% -3.2% 5.9% 8.2% -2.3% Net Profit -36 67 -154% 20 -280% -16 131 -112% Item from raw materials derogation 14 -2,004 -101% 2 600% 16