subsidiary, has been consolidated in the amount of THB 463.14 million post the acquisition on October 1, 2019. In addition, the cost of sales from Ratchaburi Electricity Generating Company Limited, a
before falling in March 2020. However, the Company had been managed inventories turnover to maximize efficiency. ▪ In the 1st quarter of 2020, the Biodiesel’s ratio of cost of sales to total revenue was
has not been directly nor significantly affected by the COVID-19 pandemic, the Company has put in place measures to alleviate the burden of the public in support of the government’s measures to
quarter with net losses due to lockdown and the disruption of activities that occurred. Sales have not yet been able to adjust back to normal due to the novel coronavirus (COVID-19) outbreak, despite the
GFPT Public Company Limited Interim Management Discussion and Analysis for the 3rd Quarter 2019 Page 1 of 13 Management Discussion and Analysis This interim MD&A report has been prepared based on the
and the increasing in competition among entrepreneurs under the situation of excess supply from products and raw materials coming in from various countries. Therefore those factors have been affecting
Governance Project" of the Securities and Exchange Commission (SEC). An English version of the MD&A has been prepared from the Thai version. In the event of a conflict or a difference in interpretation between
customers. The power plant has already been commercially operating since October 31, 2013. Management Discussion and Analysis For the Three-month and Nine-month Periods Ended 30 September, 2019 Page 4 2
giving more importance to speed and convenience. As a result, the readiness of food delivery and the speed of service has been gaining more importance, which Mikka was able to meet this demand well with