hotel, hotel management, and share of profits/losses from investments. • Owned Hotel 2017 2016 % Chg Occupancy (%) 73.3 73.2 1.5 ADR (THB/night) 3,597 3,727 -3.5 RevPar (THB/night) 2,636 2,690 -2.0

GDP (Gross Domestic Product) in fourth quarter expanded at 1.6 percent, slowdown growth from the previous quarter which grew at 2.6 percent. These factors limited Thailand’s GDP expansion in 2019 to

Analysis | 2 Executive Summary In 1Q2018, Domestic palm oil production has increased as well as in other countries after the drought occurred in FY2016, consequence to lower Crude Palm Oil(CPO) prices and

domestic and international market, consequence to drastically lower crude palm oil (CPO) and crude palm kernel oil (CPKO) prices than that of 1Q2018. Under these circumstances, the government has maintained

%) (18.34) 991.35% Financial Cost and Income tax expenses 4.54 0.07% (6.76) (0.12%) 11.30 167.16% Net Profit (Loss) 423.62 6.59% 488.52 8.86% (64.90) (13.29%) Earnings per share (Baht per share) 0.3239 0.3735

services 6,380 5,523 857 15.5% Gross Profit 772 622 151 24.2% Gross Profit Margin (%) 10.8% 10.1% 0.7% SG&A expenses 429 412 16 3.9% EBIT before share of profit (loss) from investment in associates and joint

quarter of 2019 continued to expand driven mainly by domestic demands. Private consumption expanded in all categories supported by the improvement in purchasing power from the rise in farm and non-farm

for both domestic and export market which may be affected by lower domestic consumption and lower purchase order from export market. As a result, overall financial performance of GFPT Group in 2Q2020

products increasing the overall market size and providing significant total cost savings to our customers. Sales volume and revenue was also impacted by the highly competitive domestic market, as export

) -45% 10% Profit attributable to owners of parent 1,168 (1,546) 214 -82% 114% Basic earnings per share (Baht) 0.85 (1.12) 0.16 Note: 1/ EBITDA from Refinery Business of the Company, BCP Trading Pte. Ltd