marketing events in the first quarter of 2018 than prior year such as “FN Fair” at head office and “FN Thank you sale” at branches. The Company efforts to carefully control promotion expenditure. Thus, 1Q18

in capital expenditure. However, external demand softened as the value of merchandise exports grew at a slower pace. (Source: BOT Press Release No.3/2020 on the Economic and Monetary Conditions for

of tax exempt status which can be carried forward and deducted as expenditure from the net profits acquired. For the year 2014 and 2015, the Company could claim this priviliege to the whole amount

Table 7: Capital Expenditure 1Q2017 Bt 268 million 2Q2017 Bt 234 million 3Q2017 Bt 305 million 4Q2017 Bt 418 million An additional investment in Phase 3 of the new plant during 2017, will commence

principal Other Conditions : None Objectives : To be used for capital expenditure of the Company and to be working capital of the Company (4) Total Value, Size of the Transaction, and Criteria to Value the

manage expenditure more efficiency. 4. Net profit (loss) and net profit (loss) margin 1Q19 net loss was Baht 1.75 million, respectively as a result of the sales target was not achieved and slightly

total assets as of 31 March 2019 decreased by 9% yoy. The decrease was mainly attributable to cash spending on annual capital expenditure and loan repayment as well as land disposal transaction. However

Expenditure Capital Budget in 2018 USD15 million Forwarded for your information. Sincerely yours, (Mrs.Voraluksana Ongkosit) Executive Vice Chairperson

: To be used for capital expenditure of the Company and to be working capital of the Company GFPT PUBLIC COMPANY LIMITED PLANT: 209 MOO 1, TEPARAK RD., K.M. 20.5 BANGSAOTONG, SAMUTPRAKARN 10570, THAILAND

offer for sale of bonds may cause [i] any damages or [ii] an unfairness treatment to the investors as a whole or [iii] the investors not to obtain correct and sufficient information for supporting the