quarter and some of the large project in 2021. In addition, the Company was less impacted by the COVID-19 situation in Q1–2021 than those in Q1–2020. Many customers in that period had postponed the delivery

of 1.60 million units amid falling Covid-19 infections and gradual easing of microchip shortage situation. The Company’s performance last year was impacted by Covid-19 pandemic. However, the company

, decreased by THB 0.09 million or -53.93% YoY as clients in property development sector cut their media spending due to the situation of Coronavirus disease 2019 (COVID-19) outbreak. In addition, gross loss

progress of construction as of 31 January 2018 is approximately 70 percent. (Source: Management of GS). This project has received a contract to operate the water supply business on behalf of the subsidiary

markets went into a tailspin, whereas turbulence was seen in manufacturing, service and tourism sectors, which in turn dampened domestic spending sentiment. The situation adversely affected the government’s

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

situation will be back to normal next year. 6M/2017 Sales Revenue The Company and its subsidiaries recorded sales revenue of Baht 2,885 million, a decrease of 12% YoY, with details as follows:  Branded

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