new products continuously. As well, the Company also aims to expand business to CLMV countries (Cambodia, Lao PDR, Myanmar, and Vietnam); which are the countries having interesting growth direction of

addition, our business direction for next year is aiming at growing production volume, intensified cost reduction measures, and cash flow management. In the long run, the Company is still confident that it

continuously. As well, the Company also aims to expand business to CLMV countries (Cambodia, Lao PDR, Myanmar, and Vietnam); which are the countries having interesting growth direction of business. The Company

from overseas. The Company expects that the trend hot rolled steel import decreased and to have confidence in domestic market which will have a direction to improve in the future. In addition, the

in future situation such as oversupply situation and tense competition. GFPT Public Company Limited Interim Management Discussion and Analysis for the 1st Quarter 2018 Page 9 of 11 Consolidated

return of program rights? There was no damages from this situation because the Company agreed to accept the return of program rights that have not been broadcasted. Moreover, the said major customer

and Din’s, both of which received favorable responses from consumers. However, over the course of 2019, the economic situation and consumer confidence continuously worsened and this negatively impacted

the users of Natural Fatty Alcohols anticipated that the rebounding crude palm kernel oil price (raw material price) was a short-term situation from the volatility of demand/supply which caused Fatty

LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q3/2017 2 2. Economic Situation The Thai economic activity in the third quarter of 2 0 1 7 continued to expand. Export–oriented manufacturing businesses

MANAGEMENT DISCUSSION AND ANALYSIS FOR 2017 2 2. ECONOMIC SITUATION Thai economy continually expanded supported by every economic engine especially merchandise exports that were uplifted from global trade