by Baht 24 million or equivalent to 92%. Page3of4 Selling expenses (Unit: Thousand Baht) Q1'20 Q1'19 Inc/(Dec) Employee costs 7,528 3,997 3,531 Rental, service fee and utilities expenses 8,406 5,623

% up from December 31, 2019 from an increase in cash and cash equivalent of THB 777.02 million and an increase in PP&E of THB 419.61 million. GFPT Public Company Limited Interim Management Discussion and

Seasons Place, 45th Floor, Unit 4, Wireless Road, Lumpini, Pathumwan, Bangkok 10330 Tel. 66 2 654 3344 Fax. 66 2 654 3323 • cash and cash equivalent of Baht 274 million or 1.5% of total assets decreased

due to 1. A decrease in cash and cash equivalent at amount of Baht 28.21 million and a decrease in accounts receivable and account receivable of related company at amount of Baht 79.06 million. 2. A

Sales Revenue Analysis Quarter-on-Quarter, in USD terms, sales for the group decreased 10% to USD 147m in Q120 from USD 162m in Q419. In THB equivalent the group sales were down 6% in Q120 compared to

transaction’s amount calculated throughout the term of the agreement is approximately Baht 51,375,206, equivalent to 0.76% of the Company’s net tangible asset (the Company’s net tangible asset according to

-2020, total assets on consolidated basis amounted to THB 1,921.33 million dropped by THB 379.03 million from those as at December 31, 2019 primarily due to: • Cash and cash equivalent decreased by THB

The Company will provide not more than 15% of IPO issuance size or equivalent 3,525,000 existing shareholding from the Company in CCPT-KY for the purpose of over-allotment practice (“Optional Shares

Million Baht decreased when compared to June 30, 2019 of 177.35 Million Baht, mostly came from decline in current assets by decreased in equivalent to cash of 6.74 Million Baht, decrease in trade account

specified by the order of the authority under foreign law regarding suspension, revocation or prohibition from work in any position or any nature of work equivalent to personnel in derivatives business