Management Discussion and Analysis 4Q18 and FY2018 P a g e | 9 increase future growth opportunities from new food technology as well as expanding the education business of the Company. In addition, Dusit

Public Company Limited (“GFPT” or “ the Company” ) and its subsidiaries ( collectively, “ GFPT Group” ) for the year ended December 31, 2019 as well as included any significant transactions occurred during

AND CONSTRUCTION PUBLIC COMPANY LIMITED SIRAKORN PUBLIC COMPANY LIMITED SIS DISTRIBUTION (THAILAND) PUBLIC COMPANY LIMITED SISB PUBLIC COMPANY LIMITED SKY ICT PUBLIC COMPANY LIMITED SKY TOWER PUBLIC

AND CONSTRUCTION PUBLIC COMPANY LIMITED SIRAKORN PUBLIC COMPANY LIMITED SIS DISTRIBUTION (THAILAND) PUBLIC COMPANY LIMITED SISB PUBLIC COMPANY LIMITED SKY ICT PUBLIC COMPANY LIMITED SKY TOWER PUBLIC

AND CONSTRUCTION PUBLIC COMPANY LIMITED SIRAKORN PUBLIC COMPANY LIMITED SIS DISTRIBUTION (THAILAND) PUBLIC COMPANY LIMITED SISB PUBLIC COMPANY LIMITED SKY ICT PUBLIC COMPANY LIMITED SKY TOWER PUBLIC

AND CONSTRUCTION PUBLIC COMPANY LIMITED SIRAKORN PUBLIC COMPANY LIMITED SIS DISTRIBUTION (THAILAND) PUBLIC COMPANY LIMITED SISB PUBLIC COMPANY LIMITED SKY ICT PUBLIC COMPANY LIMITED SKY TOWER PUBLIC

AND CONSTRUCTION PUBLIC COMPANY LIMITED SIRAKORN PUBLIC COMPANY LIMITED SIS DISTRIBUTION (THAILAND) PUBLIC COMPANY LIMITED SISB PUBLIC COMPANY LIMITED SKY ICT PUBLIC COMPANY LIMITED SKY TOWER PUBLIC

AND CONSTRUCTION PUBLIC COMPANY LIMITED SIRAKORN PUBLIC COMPANY LIMITED SIS DISTRIBUTION (THAILAND) PUBLIC COMPANY LIMITED SISB PUBLIC COMPANY LIMITED SKY ICT PUBLIC COMPANY LIMITED SKY TOWER PUBLIC

AND CONSTRUCTION PUBLIC COMPANY LIMITED SIRAKORN PUBLIC COMPANY LIMITED SIS DISTRIBUTION (THAILAND) PUBLIC COMPANY LIMITED SISB PUBLIC COMPANY LIMITED SKY ICT PUBLIC COMPANY LIMITED SKY TOWER PUBLIC

AND CONSTRUCTION PUBLIC COMPANY LIMITED SIRAKORN PUBLIC COMPANY LIMITED SIS DISTRIBUTION (THAILAND) PUBLIC COMPANY LIMITED SISB PUBLIC COMPANY LIMITED SKY ICT PUBLIC COMPANY LIMITED SKY TOWER PUBLIC