(1.29) (9.40) (4.33) (9.38) Total 614.70 515.79 1,721.24 1,530.42 98.91 19.18 190.82 12.47 - Contract manufacturing business of ready-to-drink milk and pasteurized fruit juices saw its income increase by

0.06 0.42 3.32 11.28 Total 617.27 578.43 1,264.03 1,101.31 38.84 6.72 162.71 14.77 - Contract manufacturing business of ready-to-drink milk and pasteurized fruit juices saw its income increase by Baht

2019 to acquire a 100% stake of Sinterama S.p.A. and its subsidiaries (“Sinterama”). The acquisition of Sinterama comprises of 5 production sites in 4 countries: Italy, Brazil, China and Bulgaria, with a

111.21 million, or 61.89%, in Q3’19, and by Baht 241.59 million, or 45.91%, in the nine-month period. Due to more production orders from the customers, the Company had more manufacturing and delivery of

, or 35.47%, in Q3’18, and by Baht 179.67 million, or 51.84%, in the six-month period. Due to more production orders from the customers, the Company had more manufacturing and delivery of products in

) Revenue structure + (-)2018 3 | MANAGEMENT DISCUSSION AND ANALYSIS 2019 Revenue from steel tower manufacturing decreased by 37.21% as a result of rescheduling of production and delivery plan by major

accessories and faucet products and the crude oil palm (CPOA) trading business for biodiesel production. This is because the percentage of revenues from the Manufacturing Business accounted for 4.4 – 9.6

, the Company had increase production and delivery to be 51%. - Immovable property business had increasing income from last year, Baht 1.94 million while the space for rent increased from 2017. - Business

AND ANALYSIS 2019 Revenue from steel tower manufacturing decreased by 37.21% as a result of rescheduling of production and delivery plan by major customer from 2019 to mid of 2020 due to eminent domain

(i) Port Neches Manufacturing Facility Location 2701 TX-136 Spur, Port Neches, Texas, USA Production capacity (KMT 2 per Annum) Ethylene Propylene Ethylene Oxide Ethylene Glycol Diethylene Glycol (DEG