industry groups and committing to targets as they shift gears to invest in a global economy that is transitioning into a low-carbon world. STRICTLY PRIVATE AND CONFIDENTIAL. FOR PROFESSIONAL INVESTORS ONLY

steadily (Growth Strategy). The Company, therefore, gears towards buying or merging with other businesses in order to benefit from being a larger size (Economy of Scale) and ability to cover a variety of

and Baht 349.78 million respectively, which increased by Baht 52.26 Million or equivalent to 14.94% from 2016 “Cost of sales (COGS)” for the first quarter of 2017 and 2016 was Baht 284.67 million and

of 16% from 9-month/2018 which results from the reallocation of certain SG&A expenses (e.g. electricity, rental expenses, etc) in the previous year into the COGS categories resulting in less gross

796.47 million Baht and 718.83 million Baht respectively, which increased by 77.64 Million Baht or equivalent to 10.80 % from the second quarter of 2016. “Cost of sales (COGS)” for the second quarter of

394.43 million Baht and 369.05 million Baht respectively, which increased by 25.38 Million Baht or equivalent to 6.88 % from the second quarter of 2016. “Cost of sales (COGS)” for the second quarter of

same period of last year in the same trend of its industries. Cost of Goods Sold In Q1.2018, the Company and its subsidiaries had cost of goods sold (COGS) THB 894.7 mn represents a decrease of COGS to

baht, declining 16 million baht or 9%, comparing to same quarter of last year. Mainly were results of o Rice price gradually increase in ending Q2/2017, therefore, COGs per revenue slightly increase 1

profit of 181 million baht, rising of 24 million baht or 15%, comparing to same quarter of last year. The main impacts are from • Stagnant of market rice price Q3/2018, therefore, COGs per revenue keep 82

-months on year 2018 slightly increased 2.59 percent from six-months on year 2017, due to higher sale volume. For 2ndquarter on year 2018 comparing to the same period last year, COGS slightly increased as