to net realizable value based on inventory aging; and higher employee benefit obligations under severance pay of Baht 20 million for employees serving 20 years or more from 300 to 400 days, according
renovation at Dusit Thani Hotel Hua Hin, a decrease in revenue from Dusit Princess Srinakarin Hotel affected from the Mass Rapid Transportation construction and more market competition. However, the Company
Dusit Thani Hotel Hua Hin, a decrease in revenue from Dusit Princess Srinakarin Hotel affected from the Mass Rapid Transportation construction and more market competition. However, the Company had revenue
allowance, transportation and pension etc. In addition, the directors are eligible for yearly bonuses in the amount not exceeding 3% of the net profit.” 3 For the past years, the remuneration for directors
allowance, transportation and pension etc. In addition, the directors are eligible for yearly bonuses in the amount not exceeding 3% of the net profit.” For the past years, the remuneration for directors had
Companies B.E. 2547. When considering the size of the transaction, the calculation method is based on various criteria, calculated from the Company's financial statements for the six- month period ended June
2017 Page 6 of 15 Management Discussion and Analysis This MD&A report has been prepared based on the consolidated and separate statements of GFPT Public Company Limited (“GFPT” or “the Company”) and its
demand, public policies, including those aiming to boost consumption and investment in transportation infrastructure, will support domestic demand. Nevertheless, downside risks to the growth of the Thai
Master Service Agreement approximately THB 96 million. Such consideration excludes out-of-pocket expenses, e.g. transportation cost, accommodation expenses, etc. and any costs paid to any third-party