volume from customers due to slower production and sales of pickup trucks in Thailand. China and Portugal Operation, on the other hand, recorded a strong growth of 26.8% and 13.7% year-on-year respectively

2nd Quarter 2018 Page 2 of 13 Overall Financial Performance and Profitability Business Segment 2Q 2018 2Q 2017 Change 6M 2018 6M 2017 Change THB million % THB million % THB million % THB million % THB

% in the previous quarter, driven mainly by a slowdown in domestic demand and private consumption. The exports sector fell sharply due to the continued strength of the baht, while tourism sector also

, the tourism sector and a recovery in exports due to an improvement in the economies of our trading partners. As a result there has been an increase in the purchasing power of consumers in major cities

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

from high last year base from successful launch of Babi Mild White Sakura in October 2017. Supply Chain Services Segment C-Vitt drove the segment growth with its strong Q4’18 revenue increase by 111.2

retirement savings. With strong support from the government sector, particularly the Ministry of Finance, the Revenue Department and the SEC, all players in the capital market are actively collaborating to

Functional drinks market grew 6.6% YoY. C-Vitt, our strong No. 1 brand outperformed the market with the record high market share at 33.9% (+1190 bps YoY). Even though the functional drinks market grew at

424.11 10.29 (278.19) (65.59) GFPT Public Company Limited Interim Management Discussion and Analysis for the 1st Quarter 2018 Page 2 of 11 Overall Financial Performance and Profitability Business Segment

Thai Listed Companies Association?s promotion of CG campaigns among listed firms. The most significant progress was the formation of the private sector?s Anti-Corruption Coalition whose long-term efforts