sales could be elaborated as detailed below: However, the company policy emphasizes on return on sales by focusing on cost and expense management. The situation that could have an effect on the Group’s SG
memorandum on entering into such transaction is disclosed to the SET. 3.3 Rationale and background of the transaction Currently, the Company encounters the situation of the lack of financial liquidity and the
manufacturing activities of the major industries that disappeared during the epidemic situation and lockdown, with the sales of the automotive slump and with its higher margin product, being the most affected by
economic situation which has caused some customers had reduced production and the customer has zero landfill policy. Cost of goods for year 2019 was 71.15% of revenue when compared with same period last year
adjusted depending on changes of future situation. GFPT Public Company Limited Interim Management Discussion and Analysis for the 3rd Quarter 2019 Page 10 of 13 Consolidated statement of financial position
is slightly higher than in 2020. Furthermore, In 2021, the situation of the COVID-19 epidemic is more severe than in 2020, causing the work style to change and the company has a policy for employees to
the Thai economy driven by the relaxation of controls and lower concerns on COVID-19 situation which brought in foreign tourists and increased business activities. Overall, AIS reported core service
% interest. As a result of the final receivership order issued by the Court, Saraburi is considered to be in breached of the joint venture agreement and the Company has therefore exercised its right under the
to approve the sale of land and building as per the above-mentioned details in order to reduce the burden on maintenance of the unused assets. Please kindly be informed accordingly. Yours sincerely