Profit / Cost of Sales Analysis and Sales and Administration Analysis Gross Profit increased by THB 339 million with the gross margin being 15% in 2017 up 1 percentage point from 14% in 2016, due to higher

224.5 18.7% Other income 3.2 1.9 69.7% Cost of sales - 204.2 - 189.8 7.5% Selling expenses - 5.9 - 5.3 11.4% Administrative expenses - 18.2 - 15.0 21.4% Finance costs - 3.6 - 4.0 -8.3% Profit for the

Partnership GS June 16, 2016 180 days after receving notification to start the work Laying 900mm steel pipe to send raw water in Phang-Nga and Phuket. Labor and material cost 2000Baht per meter including total

1,221.6 81.8% Share of Profit from Investments in Associates and JVs 491.3 693.3 202.0 41.1% Total Cost 773.7 1,248.6 474.9 61.4% Gross Profit 603.8 1,314.7 710.9 117.7% Net Profit 334.5 972.4 637.9 190.7

the inflation rate in Thailand. Cost Estimates : The costs comprise the costs of raw materials, costs of labor, selling and administrative expenses, based on historical records of Kitchen Plus

quarter by quarter as a result of lower costs of key raw material and packaging items, as well as improving efficiency from modern production technology ranging from glass bottle, aluminum can to bottling

consists of Raw Water Sales, Industrial Water Sales, and Wastewater Treatment Services. 2 Other Utilities Revenue consists of Excessive Charge, Service Fees for Wastewater Management 3 Gross Profit from

manufacture, particularly energy drinks in both bottle and can formats, delivered an improving gross margin both year-on-year and quarter-on-quarter basis as a result of lower costs of key raw material and

approximate cost of factory construction of 170 million Baht and the cost of machinery of 108 million Baht. Equipment - Property of Assets : A slitter machine used to slit steel coil for steel conduit

during the 1st Quarter 2019. 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