million, a decrease of THB 266.8 million YoY (or -4.3%) due mainly to lower sales from Beverages segment (THB -276.8 million or -5.9% YoY) and lower OEM bottles sales (THB -72.5 million or –25.4% YoY

HOSPITALITY SEGMENT The Acquisition of hotel portfolio via the ordinary shares purchase from the companies in Germany and Switzerland 30 April 2019 Vienna House Germany II GmbH or VHG II, a subsidiary of U City

, capitalization of the Lake Charles Gas Cracker and the adoption of new TFRS during the quarter. • Combined PET segment which also comprises our flagship PET business has seen resilient demand and improved margins

, increased by Baht 13 million or 34%. This is mainly because the company has more effective and efficient management of account receivable and exchange rate fluctuation. Although the Company’s sales declined

) 3Q2020 Management Discussion and Analysis Costs and Expenses 1) Cost of services in 3Q2020 was Bt586.61mn, 79.8% of total revenue from core business or decreasing 2.2% QoQ due to efficient cost controlling

Profitability Business Segment of GFPT Group 1Q 2019 1Q 2018 Change THB million % THB million % THB million % Chicken Processing Segment 1,650.69 41.62 1,401.89 37.55 248.80 17.75 Feed Segment 765.32 19.30 706.21

Black Galingale, and new products like Peptein-Plus and Shark Natural Energy. Personal care segment showed outstanding growth of 20.9% YoY mainly from successful new product launches, while international

equity ratio was considerably low at 0.25 time. Overall Financial Performance and Profitability Business Segment of GFPT Group 1Q 2020 1Q 2019 Change THB million % THB million % THB million % Chicken

business segment) transactions (2) Core EBITDA is Consolidated EBITDA less In- ventory gain/(loss) whereas Core EPS is Reported EPS less Inventory gain/(loss) and onetime extraordinary items. Segments total

intra-company (or intra-business segment) transactions 2Total of each segment may not always tally with consolidated financials due to holding segment 3Excludes price adjustment for captive sales on