and its subsidiaries is 28,385.6 million baht, a decrease of 3,603.0 million baht from the changes in the market value of the available-for-sale investment in securities. The Company has retained gain

expenses of the Company during this period increased by 6.1 percent mainly from higher average market fuel price and additional cost related to employee benefits according to new Labor Protection Act The

-2741-5700-5 / Fax 0-2741-6878 / Company Tax ID : 0107545000021 No. 7UP 015/62 April 9, 2019 Subject : Notification for Resolution of Board of Director's Meeting No. 3/2019 regarding the Acquisition and

addition, the Company continued to be negatively impacted by news related to manufacturers of substandard products and the closure of the biggest wholesale skincare market in the country since last April

further to other potential countries and is in the process of conducting market feasibility studies in certain markets. Apart from that, the Company was adversely affected by the compliance with the new

for the slowdown in sales in China. The Company is committed to expanding further to other potential countries and is in the process of conducting market feasibility studies in certain markets. Apart

GFPT Public Company Limited Interim Management Discussion and Analysis for the 1st Quarter 2019 Page 1 of 11 Management Discussion and Analysis This interim MD&A report has been prepared based on the

days after disclosing to the Stock Exchange of Thailand. The Company and Hero Experience are not considered as a connected person according to the Notification of the Capital Market Supervisory บมจ

of UBIS (Asia) Public Company Limited (“the Company”) held on July 16, 2019, it was resolved that the Company enter into a connected transaction of the contact of land lease with factory building and

7,005.3 million baht mainly from retained loss and mark to market of marketable securities. The Company has retained loss at the amount of 3,312.6 million baht. Statement of Cash Flow Unit: million baht As