price increased 9.26%, while volume sold decreased 3.94% from the same period of last year. However, the Company has expanded market to industrial sector and household sector in order to maintain overall

123.15% due to in the same period of the previous year, the subsidiary recognized the borrowing costs for the plant construction as a cost of construction in respect of Property, Plant and Equipment

last year. However, the Company has expanded market to industrial sector and household sector in order to maintain overall LPG volume, resulted in increased LPG sold to industrial sector 55.26% and to

high at 114.02 KBD. Marketing Business was able to increase market share and maintain its 2nd position in the market. Power Plant Business realized additional profit from Solar and Wind Power Plants. As

company, to be listed in the Market for Alternative Investment (mai) by increasing registered capital from Baht 180,000,000 to 240,000,000 Baht by issuance of Ordinary Shares to Initial Public Offering (IPO

for reference. Notification of the Capital Market Supervisory Board No. Tor Jor. 14/2558 Re: Provisions relating to Offer for Sale of Securities Issued by Foreign Company Whose Shares Have Been Traded

in order to cope with the more dynamic business environment. The raw material reference prices on the world market are that the HMS 1&2 (80:20 ratio) scrap USA export price of the first quarter of 2019

volume to EU Countries including China, our new export market in this year. GFPT Public Company Limited Interim Management Discussion and Analysis for the 3rd Quarter 2018 Page 3 of 13 Revenue from chicken

46.2% -56.0 -11.5% Cost of Sales 238.2 26.0% 291.8 31.4% 53.6 22.5% Gross profit 156.2 17.1% 169.5 18.3% 13.3 8.5% Profit (loss) Fair value adjustment of investment property -3.6 -0.4% 6.1 0.7% 9.7 269.4

Chinese tourists in Chiangmai, competition in market we operate and hotel renovation in Phuket. • Overseas hotels: the revenue increased by THB 13.2 million, or 4% yoy, mostly due to the marketing strategy