and 2020 were 61.3% and 60.9%, respectively, decreased by 2.7% from Q4/2019 and 3.8% from 2019. • The decrease in gross profit margin was mainly due to the reduction in total revenue from sales in a

baht or 0.2 percent increase from the same quarter of the previous year and 8.7 percent increase from the 1st quarter of 2017. This growth is due to the release of new products, for example, the “Family

Exchange of Thailand (SET) and the SEC?s further investigation, it was found that on 20 January 2014 Rapi, then managing director and major shareholder of RASA, reported to the SET that the company neither

Company Limited had income for the 9 months period decreased from the previous 0.59 %, but the gross profit increased from the previous year 6.85 %. due to the company tried to control costs and adjust

Page 1 No. CMC Sor Lor.009/2019 May 14, 2019 Re: Management Discussion & Analysis for the Period Ended 31 March 2019 To The President of the Stock Exchange of Thailand (SET) CHAOPRAYAMAHANAKORN

baht, increased from the same period of the previous year by 423.79 million baht or 557.40 percent increase due to the company has increased the palm oil trading business from the arrangement business

Page 1 No. CMC Sor Lor.012/2019 August 13, 2019 Re: Management Discussion & Analysis for the Period Ended 30 June 2019 To The President of the Stock Exchange of Thailand (SET) CHAOPRAYAMAHANAKORN

operational staff. Additionally, in July, the Ministry of Finance approved the establishment of GPSC Treasury Center Company Limited (GPSC TC), a 100% owned subsidiary of GPSC set up to increase efficiency and

from the decline in operating revenue due to the impact from the new COVID-19 wave, as well as the temporary closure of some dessert cafe branches according to the government measures. • The Company’s

from sale of set-top box. Gross profit margin for the second quarter of 2018 was decreased from 21% to 12% due to an increase of allowance for diminution in value of inventories. Related technology