during the 1st Quarter 2020. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward contract from

the 3rd Quarter 2019. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward contract from several

, supported by the government and the Office of National Anti-Corruption Commission, aims at pushing forward the fight against corruption nationwide.?Vorapol added that ?The SEC praises members of the two

10.77% 10.34% + (-) For Year End Selling and Administrative Expenses For Year End 5 | MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR 2020 Financial Position As of December 31, 2020, total assets on

period last year. Net loss attributed to owners of the parent was THB 26.55 million, dropped by 84.57% from THB 172.13 million from those of same period last year. FINANCIAL POSITION Assets As of Q1-2020

have completed a couple of significant projects contributing to higher recurring revenue going forward. Revenue from overseas markets has improved YoY but was offset with the reduction in non-recurring

Chief Executive Officer. During the past year, Mr. Leung has been invaluable in bringing about the integration of Offline-to-Online (“O2O”) Solutions and driving VGI’s development. Going forward under Mr

&) 4 &+=&' 1. %&'/%&'&)& 3 2 %?'%2 a %%&'?) 9%2 +6 issue :+ &) * 8 &)9@26.9 1 8+2 &)+=&' 1.1 %,.%? ,1./%&'&)& < ' / &; 1) . &)12&&) 1 3 2 50 1 &) position risk 1

2016 will be realized quarterly from 1Q17 to 4Q20 (see more details on MD&A 4Q16). Financial position Comparing with 4Q16, as of 1Q17, AIS had total assets of Bt279,147mn slightly increasing 1.3% mainly

considered as a normal level for the business at the beginning stage launching new products into the market which requires high spending. 4. Financial Position of the Company and its Subsidiaries (Unit: Baht