the manufacture of packaging materials under Asia Packaging Manufacturing company limited (“APM”) to have control over the supply chain and sustain cost competitive position. 3 Selling, general and

services and sales of construction materials For the first nine months of 2019, the Company and its subsidiaries reported revenues from construction services and sales of construction materials of Baht

and sales of construction materials The Company and its subsidiaries had revenues from construction services and sales of construction materials of Baht 29,295.94 million, representing 93.97% of total

companies. Revenues from construction services and sales of construction materials In Q1 2019, the Company and its subsidiaries reported revenues from construction services and sales of construction materials

construction business, gross profit margin improved from 7.88% to 8.35%. Revenues from construction services and sales of construction materials For the first half of 2019, the Company and its subsidiaries

construction materials The Company and its subsidiaries had revenues from construction services and sales of construction materials of Baht 22,185.45 million, representing 94.50% of total revenues, a drop of

through economies of scale. 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

year because the Company produced for its own sale in this year but under tolling contract last year. Consolidated selling expenses for the year 2019 amounted to Baht 239 million which decreased by Baht

from billboards - - 390 655 Contract rate Commission income - - 690 2,699 Contract rate Consulting and accounting service income - - 231 174 Contract rate Rental income from buildings - - 308 311

other party who is obliged to make payment for such goods at a given time in the future according to the amount and price as specified in the contract which is entered into outside the derivatives