effective sales and marketing strategies continued from year 2017 including the launching of new products which were got positive feedback from the customers. Besides, the product segment management and the

424.11 10.29 (278.19) (65.59) GFPT Public Company Limited Interim Management Discussion and Analysis for the 1st Quarter 2018 Page 2 of 11 Overall Financial Performance and Profitability Business Segment

textiles. The acquisition of DuraFiber will align with IVL’s strategy of pursuing accretive growth opportunities in the high value-added segment and complement with the current HVA tire cord fabric products

in the electronic customer group. In the air freight segment and increased revenue from Cross Border Service which can be classified as follows Unit : million baht Service For the three-month period

the first quarter of 2018 equal to 37.0 million Baht, an increasing from the first quarter in 2017 1.6%. Major components of an increasing in employee remuneration and selling expenses from the business

reduction in the Company and its subsidiaries’ ownership interest from 28.49% to 20.56% following the increasing of the share capital to its major shareholder. 4. In November 2018, the Company and its

for 2018 equal to 565.9 million baht more than 2017 at 0.9%. This was due to an increasing of cost of food and beverage and property and land which higher than last year of 114.6 million Baht. The

services income increasing. The Company acquired non-performing loan by using the budget amount of 2,351 million bath in 9-month period of 2019. Management Discussion and Analysis, Q3/2019 Page3/4 JMT

realized in following quarters. The decline of Wholesale/Retail Sale Activities to 169 million Baht was a result of the weakening purchasing power and the increasing market competition. The Export Sale

the same period of the last year. The increasing revenue came from export sales which the growth rate was 4.74 percent and the export sales from furniture was equivalent to 60 percent of total revenue