increased by Baht 1,498 million, partly due to expenses related to system developments and improvements in operational efficiency. In 2019, operating expenses amounted to Baht 54,963 million, falling by Baht
consideration criterion, falling under Class 2 transaction, according to the Notification of Acquisition or Disposal of Assets. Therefore, the Company, as a listed company which its subsidiary enters into
continued declining due to intense competition in Thailand reflecting falling in revenue from fish feed which dropped by 23.69% comparing to 2017 from lower sales volume of fish feed. Furthermore, revenue
both animal feed and aquatic feed pressured revenue of feed segment reflecting falling in sales volume of animal feed and fish feed about 10.64% and 17.69%, respectively. Revenue from feed segment for
projects. The Sector Criteria detail specific requirements for assets identified as falling under that specific sector. The latest version of the CBS is published on the Climate Bonds Initiative website
market falling, while REITs still provide attractive returns, meanwhile, equity fund, fixed income fund and balanced fund declined. Analysis of the Operating Results The operating results of Land and
previous year. The profitability of methyl ester was pressured by stiffen competition with increasing supply in Thailand. Additionally, the declining of palm oil price and the falling global glycerine price
operation of the company in a significant manner, whether as a result of being a shareholder or authorized under an agreement or any other matter, especially a person falling under any of the following
shall not be applied to any specific event falling within 1. to 6. which obtains an exemption from the Office, provided that the company is able to demonstrate that there are sufficient measures to ensure