. 6. Board of Director’s opinions The Board of Directors and The Audit Committee have considered the connected transaction is reasonable and beneficial to the subsidiary company since the rental rate

has expanded our reach to Latin America, Brazil, Mexico and Peru, we have studied the new market group in Africa, such as Egypt, Turkey etc. We will try to get the acceptance in our products from major

THB 455 million in 2019, or 21.7% increase from a year earlier. Excluding revenues from TBSP, revenue growth would have been THB 159 million, or 12.7% increase from last year, mainly caused by higher

Exchange Commission  KorDor. 30/2540 Re: Sale of Securities by a Securities Company Which Does Not Have Possession of the Securities   31/07/1997 5. Notification of the Securities and Exchange Commission

accordance with new Thai accounting standards. According to the previous accounting standards, Q4/2019 total sales would have been Baht 1,350 million which was lower than Q4/2018 total sales of Baht 1,456

2020, ended 31 March 2020, that have been accordingly reviewed by the Company’s external auditor and by the Audit Committee at the meeting No.2/2020 held on 8 May 2020. Also, on this occasion, the

interest expenses from adoption of TFRS 16 – Leases, for the year 2020 the Company will have incremental expenses to be accounted for about 3.5% - 4.0% of total SG&A. Please be informed accordingly

several financial institutions. GFPT Group has adopted the new financial reporting standards which are effective in 2020 by the Federation of Accounting Professions that have been adopted for the first-time

cost of sales,cost of distributions and administrative expenses. (二)ompany ancl subsidiary have revenue from the sales of 47.81 miltion Bant,cost of sales was 34.98 nlililon Baht,net profit、A/as 3.88

was expected to have negative impact to the Company and its subsidiaries for the rest of the year due to decreased production in manufacturing in many industries and the slowdown of many businesses. The