{"id":3796,"date":"2024-09-27T13:28:53","date_gmt":"2024-09-27T06:28:53","guid":{"rendered":"https:\/\/nsl.def2design.com\/financial-statements-management-discussion-and-analysis\/"},"modified":"2026-03-04T13:36:54","modified_gmt":"2026-03-04T06:36:54","slug":"financial-statements-management-discussion-and-analysis","status":"publish","type":"page","link":"https:\/\/nslfoods.com\/en\/financial-statements-management-discussion-and-analysis\/","title":{"rendered":"Financial Statements, Management Discussion and Analysis"},"content":{"rendered":"\n\t<section class=\"section\" id=\"section_2041813086\">\n\t\t<div class=\"section-bg fill\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1921\" height=\"649\" src=\"https:\/\/nslfoods.com\/wp-content\/uploads\/2024\/09\/infomoney-2.jpg\" class=\"bg attachment-original size-original\" alt=\"\" \/>\t\t\t\t\t\t\n\t\t\t\n\n\t\t<\/div>\n\n\t\t\n\n\t\t<div class=\"section-content relative\">\n\t\t\t\n\t<div id=\"text-147485835\" class=\"text invastorheade2\">\n\t\t\n<h1>Financial Statements<\/h1>\n\t\t\n<style>\n#text-147485835 {\n  text-align: center;\n  color: rgb(255,255,255);\n}\n#text-147485835 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t\t<\/div>\n\n\t\t\n<style>\n#section_2041813086 {\n  padding-top: 30px;\n  padding-bottom: 30px;\n  min-height: 60px;\n}\n@media (min-width:550px) {\n  #section_2041813086 {\n    min-height: 650px;\n  }\n}\n<\/style>\n\t<\/section>\n\t\n\n\t<section class=\"section\" id=\"section_1426595705\">\n\t\t<div class=\"section-bg fill\" >\n\t\t\t\t\t\t\t\t\t\n\t\t\t\n\n\t\t<\/div>\n\n\t\t\n\n\t\t<div class=\"section-content relative\">\n\t\t\t\n<div class=\"row\" style=\"max-width:1500px\" id=\"row-1701420955\">\n\n\t<div id=\"col-967453913\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\t\t<div class=\"tabbed-content subcommitteesec onlymoney\">\n\t\t\t\n\t\t\t<ul class=\"nav nav-tabs nav-uppercase nav-size-normal nav-left\" role=\"tablist\"><li id=\"tab-financial-statements\" class=\"tab active has-icon\" role=\"presentation\"><a href=\"#tab_financial-statements\" role=\"tab\" aria-selected=\"true\" aria-controls=\"tab_financial-statements\"><span>Financial Statements<\/span><\/a><\/li>\n<li id=\"tab-management-discussion-and-analysis\" class=\"tab has-icon\" role=\"presentation\"><a href=\"#tab_management-discussion-and-analysis\" tabindex=\"-1\" role=\"tab\" aria-selected=\"false\" aria-controls=\"tab_management-discussion-and-analysis\"><span>Management Discussion and Analysis<\/span><\/a><\/li><\/ul><div class=\"tab-panels\"><div id=\"tab_financial-statements\" class=\"panel active entry-content\" role=\"tabpanel\" aria-labelledby=\"tab-financial-statements\">\n\t<div id=\"gap-1267905583\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-1267905583 {\n  padding-top: 30px;\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"row\"  id=\"row-464716586\">\n\n\t<div id=\"col-1067530268\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\t<div id=\"text-1800910896\" class=\"text\">\n\t\t\n<h2>Financial Statements<\/h2>\n\t\t\n<style>\n#text-1800910896 {\n  color: rgb(255,255,255);\n}\n#text-1800910896 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"row downloadmoney\"  id=\"row-1910021359\">\n\n\t<div id=\"col-1375036864\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\t<div id=\"text-2943784741\" class=\"text\">\n\t\t\n<p>Financial Statement Yearly 2025 (Audited)<\/p>\n\t\t\n<style>\n#text-2943784741 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-2943784741 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-1867055962\" class=\"text\">\n\t\t\n<p><a class=\"downloadiconpdf\" href=\"https:\/\/weblink.set.or.th\/dat\/news\/202603\/1621FIN020320260500160628E.zip?_gl=1*1miwe9b*_gcl_au*NjAzMzkzOTEzLjE3NjUxODUzMzE.*_ga*OTQzMzk0MDM0LjE3NjUxODUzMzM.*_ga_ET2H60H2CB*czE3NzI2MDU4NjQkbzIzJGcxJHQxNzcyNjA2MDA2JGo2MCRsMCRoMA..\" target=\"_blank\" rel=\"noopener\">Download<\/a><\/p>\n\t\t\n<style>\n#text-1867055962 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-1867055962 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1181390260\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\t<div id=\"text-3835402342\" class=\"text\">\n\t\t\n<p>Financial Statement Quarter 3\/2025 (Reviewed)<\/p>\n\t\t\n<style>\n#text-3835402342 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-3835402342 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-2154230470\" class=\"text\">\n\t\t\n<p><a class=\"downloadiconpdf\" href=\"https:\/\/weblink.set.or.th\/dat\/news\/202511\/1621FIN141120252119480784E.zip?_gl=1*l968fw*_gcl_au*MTkzMjQ5MDU5Mi4xNzU4NTk4OTU3*_ga*MTAyMjQ4ODU3LjE3NTg1OTg5NjA.*_ga_ET2H60H2CB*czE3NjMzNDg5NDkkbzI1JGcxJHQxNzYzMzQ5MjU3JGozMCRsMCRoMA..\" target=\"_blank\" rel=\"noopener\">Download<\/a><\/p>\n\t\t\n<style>\n#text-2154230470 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-2154230470 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-160180635\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\t<div id=\"text-4088534818\" class=\"text\">\n\t\t\n<p>Financial Statement Quarter 2\/2025 (Reviewed)<\/p>\n\t\t\n<style>\n#text-4088534818 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-4088534818 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-2696723587\" class=\"text\">\n\t\t\n<p><a href=\"https:\/\/weblink.set.or.th\/dat\/news\/202508\/1621FIN140820250620590024E.zip?_gl=1*9rduek*_gcl_au*MTg1Njc5MTkxNy4xNzU0Mjk1MTA0*_ga*MTY0NDA1MjM5My4xNzU0Mjk1MTA1*_ga_ET2H60H2CB*czE3NTU0OTQyODQkbzI3JGcxJHQxNzU1NDk0ODgzJGo2MCRsMCRoMA..\" target=\"_blank\" class=\"downloadiconpdf\">Download<\/a><\/p>\n\t\t\n<style>\n#text-2696723587 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-2696723587 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1068418536\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\t<div id=\"text-3951815225\" class=\"text\">\n\t\t\n<p>Financial Statement Quarter 1\/2025 (Reviewed)<\/p>\n\t\t\n<style>\n#text-3951815225 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-3951815225 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-924318035\" class=\"text\">\n\t\t\n<p><a href=\"https:\/\/weblink.set.or.th\/dat\/news\/202505\/1621FIN130520250611140406E.zip\" target=\"_blank\" class=\"downloadiconpdf\">Download<\/a><\/p>\n\t\t\n<style>\n#text-924318035 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-924318035 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n<\/div>\n<div class=\"row downloadmoney\"  id=\"row-1985946161\">\n\n\t<div id=\"col-2123003508\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\t<div id=\"text-183161095\" class=\"text\">\n\t\t\n<p>Financial Statement Yearly 2024 (Audited)<\/p>\n\t\t\n<style>\n#text-183161095 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-183161095 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-1807042157\" class=\"text\">\n\t\t\n<p><a href=\"\/wp-content\/uploads\/2025\/05\/1621FIN270220250757250930E.zip\" target=\"_blank\" class=\"downloadiconpdf\">Download<\/a><\/p>\n\t\t\n<style>\n#text-1807042157 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-1807042157 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n<\/div>\n<div class=\"row downloadmoney\"  id=\"row-1733659397\">\n\n\t<div id=\"col-299730019\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\t<div id=\"text-4194994834\" class=\"text\">\n\t\t\n<p>Financial Statement Quarter 3\/2024 (Reviewed)<\/p>\n\t\t\n<style>\n#text-4194994834 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-4194994834 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-4286903868\" class=\"text\">\n\t\t\n<p><a href=\"\/wp-content\/uploads\/2025\/03\/1621FIN111120240825480019T.zip\" target=\"_blank\" class=\"downloadiconpdf\">Download<\/a><\/p>\n\t\t\n<style>\n#text-4286903868 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-4286903868 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n<\/div>\n<div class=\"row downloadmoney\"  id=\"row-709051026\">\n\n\t<div id=\"col-665836444\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\t<div id=\"text-2023523994\" class=\"text\">\n\t\t\n<p>Financial Statement Quarter 2\/2024 (Reviewed)<\/p>\n\t\t\n<style>\n#text-2023523994 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-2023523994 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-266502207\" class=\"text\">\n\t\t\n<p><a href=\"\/wp-content\/uploads\/2025\/03\/1621FIN130820240412440116T.zip\" target=\"_blank\" class=\"downloadiconpdf\">Download<\/a><\/p>\n\t\t\n<style>\n#text-266502207 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-266502207 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n<\/div>\n<div class=\"row downloadmoney\"  id=\"row-1550400287\">\n\n\t<div id=\"col-1249579368\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\t<div id=\"text-3024849448\" class=\"text\">\n\t\t\n<p>Financial Statement Quarter 1\/2024 (Reviewed)<\/p>\n\t\t\n<style>\n#text-3024849448 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-3024849448 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-992375413\" class=\"text\">\n\t\t\n<p><a href=\"\/wp-content\/uploads\/2025\/03\/1621FIN270220250757250706T.zip\" target=\"_blank\" class=\"downloadiconpdf\">Download<\/a><\/p>\n\t\t\n<style>\n#text-992375413 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-992375413 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n<\/div>\n<\/div>\n<div id=\"tab_management-discussion-and-analysis\" class=\"panel entry-content\" role=\"tabpanel\" aria-labelledby=\"tab-management-discussion-and-analysis\">\n\t<div id=\"gap-272374383\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-272374383 {\n  padding-top: 30px;\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"row\"  id=\"row-210267231\">\n\n\t<div id=\"col-169236765\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\t<div id=\"text-460711070\" class=\"text\">\n\t\t\n<h2>Management Discussion and Analysis<\/h2>\n\t\t\n<style>\n#text-460711070 {\n  color: rgb(255,255,255);\n}\n#text-460711070 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n<div class=\"row downloadmoney\"  id=\"row-1734200549\">\n\n\t<div id=\"col-1498495576\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\t<div id=\"text-729224416\" class=\"text\">\n\t\t\n<p>Management Discussion and Analysis Yearly Ended 31 Dec 2025<\/p>\n\t\t\n<style>\n#text-729224416 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-729224416 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-3210471246\" class=\"text\">\n\t\t\n<p><a class=\"downloadiconpdf\" href=\"https:\/\/weblink.set.or.th\/dat\/news\/202603\/1621NWS020320260706505900E.pdf?_gl=1*1ukypu1*_gcl_au*NjAzMzkzOTEzLjE3NjUxODUzMzE.*_ga*OTQzMzk0MDM0LjE3NjUxODUzMzM.*_ga_ET2H60H2CB*czE3NzI2MDU4NjQkbzIzJGcxJHQxNzcyNjA2MjA1JGo2MCRsMCRoMA..\" target=\"_blank\" rel=\"noopener\">Download<\/a><\/p>\n\t\t\n<style>\n#text-3210471246 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-3210471246 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-555029521\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\t<div id=\"text-931075134\" class=\"text\">\n\t\t\n<p>Management Discussion and Analysis Quarter 3 Ending 30 Sep 2025<\/p>\n\t\t\n<style>\n#text-931075134 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-931075134 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-1202227157\" class=\"text\">\n\t\t\n<p><a class=\"downloadiconpdf\" href=\"https:\/\/weblink.set.or.th\/dat\/news\/202511\/1621NWS171120250703500930E.pdf?_gl=1*lowdk*_gcl_au*MTkzMjQ5MDU5Mi4xNzU4NTk4OTU3*_ga*MTAyMjQ4ODU3LjE3NTg1OTg5NjA.*_ga_ET2H60H2CB*czE3NjMzNDg5NDkkbzI1JGcxJHQxNzYzMzQ5MjkzJGo1OSRsMCRoMA..\" target=\"_blank\" rel=\"noopener\">Download<\/a><\/p>\n\t\t\n<style>\n#text-1202227157 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-1202227157 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-1148896250\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\t<div id=\"text-379465956\" class=\"text\">\n\t\t\n<p>Management Discussion and Analysis  Quarter 2 Ending 30 Jun 2025<\/p>\n\t\t\n<style>\n#text-379465956 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-379465956 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-510259434\" class=\"text\">\n\t\t\n<p><a href=\"https:\/\/weblink.set.or.th\/dat\/news\/202508\/1621NWS140820250841067000E.pdf?_gl=1*188huoo*_gcl_au*MTg1Njc5MTkxNy4xNzU0Mjk1MTA0*_ga*MTY0NDA1MjM5My4xNzU0Mjk1MTA1*_ga_ET2H60H2CB*czE3NTU0OTQyODQkbzI3JGcxJHQxNzU1NDk1MTM4JGoxNiRsMCRoMA..\" target=\"_blank\" class=\"downloadiconpdf\">Download<\/a><\/p>\n\t\t\n<style>\n#text-510259434 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-510259434 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n\t<div id=\"col-283544808\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\t<div id=\"text-2087426571\" class=\"text\">\n\t\t\n<p>Management Discussion and Analysis Quarter 1 Ended 31 Mar 2025<\/p>\n\t\t\n<style>\n#text-2087426571 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-2087426571 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-2180753208\" class=\"text\">\n\t\t\n<p><a href=\"\/wp-content\/uploads\/2025\/05\/NSL-MDA-Q125-EN-Final.pdf\" target=\"_blank\" class=\"downloadiconpdf\">Download<\/a><\/p>\n\t\t\n<style>\n#text-2180753208 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-2180753208 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n<\/div>\n<div class=\"row downloadmoney\"  id=\"row-1593722130\">\n\n\t<div id=\"col-1385510347\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\t<div id=\"text-869447088\" class=\"text\">\n\t\t\n<p>Management Discussion and Analysis Yearly Ended 31 Dec 2024<\/p>\n\t\t\n<style>\n#text-869447088 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-869447088 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-1279123085\" class=\"text\">\n\t\t\n<p><a href=\"\/wp-content\/uploads\/2025\/03\/1621NWS270220250850390424T.pdf\" target=\"_blank\" class=\"downloadiconpdf\">Download<\/a><\/p>\n\t\t\n<style>\n#text-1279123085 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-1279123085 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n<\/div>\n<div class=\"row downloadmoney\"  id=\"row-1563076365\">\n\n\t<div id=\"col-75244042\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\t<div id=\"text-3183407971\" class=\"text\">\n\t\t\n<p>Management Discussion and Analysis Quarter 3  Ended 30 Sep 2024<\/p>\n\t\t\n<style>\n#text-3183407971 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-3183407971 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-1655020469\" class=\"text\">\n\t\t\n<p><a href=\"\/wp-content\/uploads\/2025\/03\/1621NWS130820240731020391T.pdf\" target=\"_blank\" class=\"downloadiconpdf\">Download<\/a><\/p>\n\t\t\n<style>\n#text-1655020469 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-1655020469 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n<\/div>\n<div class=\"row downloadmoney\"  id=\"row-1175928639\">\n\n\t<div id=\"col-1812079478\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\t<div id=\"text-236406256\" class=\"text\">\n\t\t\n<p>Management Discussion and Analysis Quarter 2  Ended 30 Jun 2024<\/p>\n\t\t\n<style>\n#text-236406256 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-236406256 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-3379823395\" class=\"text\">\n\t\t\n<p><a href=\"\/wp-content\/uploads\/2025\/03\/1621NWS111120240844500268T.pdf\" target=\"_blank\" class=\"downloadiconpdf\">Download<\/a><\/p>\n\t\t\n<style>\n#text-3379823395 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-3379823395 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n<\/div>\n<div class=\"row downloadmoney\"  id=\"row-1745381675\">\n\n\t<div id=\"col-226469569\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\t<div id=\"text-3306614363\" class=\"text\">\n\t\t\n<p>Management Discussion and Analysis Quarter 1  Ended 31 Mar 2024<\/p>\n\t\t\n<style>\n#text-3306614363 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-3306614363 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-2453109597\" class=\"text\">\n\t\t\n<p><a href=\"\/wp-content\/uploads\/2025\/05\/1621NWS130520240831530170E.pdf\" target=\"_blank\" class=\"downloadiconpdf\">Download<\/a><\/p>\n\t\t\n<style>\n#text-2453109597 {\n  font-size: 1.5rem;\n  color: rgb(255,255,255);\n}\n#text-2453109597 > * {\n  color: rgb(255,255,255);\n}\n<\/style>\n\t<\/div>\n\t\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n<\/div>\n<\/div><\/div><\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n<\/div>\n\t\t<\/div>\n\n\t\t\n<style>\n#section_1426595705 {\n  padding-top: 30px;\n  padding-bottom: 30px;\n  background-color: #086a7a;\n}\n<\/style>\n\t<\/section>\n\t\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-3796","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Financial Statements, Management Discussion and Analysis - NSL<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nslfoods.com\/en\/financial-statements-management-discussion-and-analysis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Financial Statements, Management Discussion and Analysis - NSL\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nslfoods.com\/en\/financial-statements-management-discussion-and-analysis\/\" \/>\n<meta property=\"og:site_name\" content=\"NSL\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-04T06:36:54+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nslfoods.com\/en\/financial-statements-management-discussion-and-analysis\/\",\"url\":\"https:\/\/nslfoods.com\/en\/financial-statements-management-discussion-and-analysis\/\",\"name\":\"Financial Statements, Management Discussion and Analysis - NSL\",\"isPartOf\":{\"@id\":\"https:\/\/nslfoods.com\/en\/#website\"},\"datePublished\":\"2024-09-27T06:28:53+00:00\",\"dateModified\":\"2026-03-04T06:36:54+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/nslfoods.com\/en\/financial-statements-management-discussion-and-analysis\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nslfoods.com\/en\/financial-statements-management-discussion-and-analysis\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nslfoods.com\/en\/financial-statements-management-discussion-and-analysis\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nslfoods.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Financial Statements, Management Discussion and Analysis\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nslfoods.com\/en\/#website\",\"url\":\"https:\/\/nslfoods.com\/en\/\",\"name\":\"NSL\",\"description\":\"NSL\",\"publisher\":{\"@id\":\"https:\/\/nslfoods.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nslfoods.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/nslfoods.com\/en\/#organization\",\"name\":\"NSL\",\"url\":\"https:\/\/nslfoods.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nslfoods.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/nslfoods.com\/wp-content\/uploads\/2024\/07\/logo.svg\",\"contentUrl\":\"https:\/\/nslfoods.com\/wp-content\/uploads\/2024\/07\/logo.svg\",\"width\":500,\"height\":120,\"caption\":\"NSL\"},\"image\":{\"@id\":\"https:\/\/nslfoods.com\/en\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Financial Statements, Management Discussion and Analysis - NSL","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nslfoods.com\/en\/financial-statements-management-discussion-and-analysis\/","og_locale":"en_US","og_type":"article","og_title":"Financial Statements, Management Discussion and Analysis - NSL","og_url":"https:\/\/nslfoods.com\/en\/financial-statements-management-discussion-and-analysis\/","og_site_name":"NSL","article_modified_time":"2026-03-04T06:36:54+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/nslfoods.com\/en\/financial-statements-management-discussion-and-analysis\/","url":"https:\/\/nslfoods.com\/en\/financial-statements-management-discussion-and-analysis\/","name":"Financial Statements, Management Discussion and Analysis - NSL","isPartOf":{"@id":"https:\/\/nslfoods.com\/en\/#website"},"datePublished":"2024-09-27T06:28:53+00:00","dateModified":"2026-03-04T06:36:54+00:00","breadcrumb":{"@id":"https:\/\/nslfoods.com\/en\/financial-statements-management-discussion-and-analysis\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nslfoods.com\/en\/financial-statements-management-discussion-and-analysis\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/nslfoods.com\/en\/financial-statements-management-discussion-and-analysis\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nslfoods.com\/en\/"},{"@type":"ListItem","position":2,"name":"Financial Statements, Management Discussion and Analysis"}]},{"@type":"WebSite","@id":"https:\/\/nslfoods.com\/en\/#website","url":"https:\/\/nslfoods.com\/en\/","name":"NSL","description":"NSL","publisher":{"@id":"https:\/\/nslfoods.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nslfoods.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/nslfoods.com\/en\/#organization","name":"NSL","url":"https:\/\/nslfoods.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nslfoods.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/nslfoods.com\/wp-content\/uploads\/2024\/07\/logo.svg","contentUrl":"https:\/\/nslfoods.com\/wp-content\/uploads\/2024\/07\/logo.svg","width":500,"height":120,"caption":"NSL"},"image":{"@id":"https:\/\/nslfoods.com\/en\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/nslfoods.com\/en\/wp-json\/wp\/v2\/pages\/3796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nslfoods.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/nslfoods.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/nslfoods.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/nslfoods.com\/en\/wp-json\/wp\/v2\/comments?post=3796"}],"version-history":[{"count":25,"href":"https:\/\/nslfoods.com\/en\/wp-json\/wp\/v2\/pages\/3796\/revisions"}],"predecessor-version":[{"id":7901,"href":"https:\/\/nslfoods.com\/en\/wp-json\/wp\/v2\/pages\/3796\/revisions\/7901"}],"wp:attachment":[{"href":"https:\/\/nslfoods.com\/en\/wp-json\/wp\/v2\/media?parent=3796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}