94.95% 90.46% 89.67% Selling Expenses 4.44 3.88 2.51 3.17% 2.62% 2.08% Admin Expenses 10.01 9.52 10.66 7.14% 6.43% 8.82% • Even though in Q1/2020 the cost of raw material is still low closing to Q4/2019

downstream facilities/convertors. Presently only few texturizing machines are running in IRSL to consume the existing stock of POY raw material. The loss of production and sales caused by lockdown for almost 2

the decline in value of inventory presented at Baht 12.4 million, increased by 219.9% due to write off obsolete raw material, provision of Crystalline cullet and provision of obsolete and long-aged

% compared to the previous year, due to a decrease from current liabilities amount of 218.76 million baht due to the decrease in raw material purchases in line Panjawattana Plastic PCL. 28 Moo 2, Tumbol

segment of IVL was adversely impacted due to steeply lower crude oil price impacting margins of MTBE & Int. EG as shale gas lost its advantage against naphtha based producers. • Mobility & Lifestyle Fibers

cost under the operation of CBD was affected by the rising costs of key raw material price and packaging costs including sugar, taurine, caffeine, guarana and amber glass bottles as well as conversion

sugar tax and excise tax effective in Oct’19. “Fit Fast Firm” project deliverables in 2019 are lower raw material and packaging costs, packaging optimization, new lighter weight bottles and more

to maintain profitability through effective marketing to boost sales, while increasing efficiency in the management of raw material costs and other expenses. Nonetheless, from the aforementioned

scrap and recorded as the other income. 1.3 Cost of goods sold Major cost of goods sold are cost of raw material such cold rolled stainless steel sheet and coil and special grade stainless which the

during the 1st Quarter 2020. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward contract from