, since steel business at present could not earned much profit due to tax competition which is the obstacle for raw material import, therefore the import materials would be high price, the Company is in

Company. Enclosure For the Company’s business operation, since steel business at present could not earned much profit due to tax competition which is the obstacle for raw material import, therefore the

raw material for electricity production, was not renewed. In addition, with the operation being discontinued for about 2 years, Akkrawat has to conduct public hearings in the neighborhood; and has to

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

which will result in the decrease of expenses in the business operation of the Company, especially, the general and administrative expenses and cost of raw materials, making the Company’s operation to be

. 2. to create the economies of scale which will result in the decrease of expenses in the business operation of the Company, especially, the general and administrative expenses and cost of raw

business operation of the Company, especially, the general and administrative expenses and cost of raw materials, making the Company’s operation to be more effective, and resulting in better return on

) (5,394.3) (657.9) 12.2 Gross profit 2,828.3 2,679.0 149.3 5.6 Gross profit margin 31.8% 33.2% Distribution and Administrative expenses (1,231.7) (1,131.9) (99.8) 8.8 Operating Profit 1,596.6 1,547.1 49.5 3.2

will also put focus on increasing capacity utilization in the existing coverage areas through more effective sales and distribution channels, while remaining competitive in fibre pricing. We expect

each identified city, rather than placing a fewer number of locations within a higher number of unique cities. This also allows the Company to gain efficiencies effectively in regards to distribution