173.84 in 2020. The main reason of the increase is a result from a dramatically increased of freight charge. Profit (loss) from operating activities In 2020, the profit (loss) from operating activities of

/ 2021. The reason for the decrease in income because the main raw material, which is Sweet corn can be harvested late due to inclement weather making it unable to operate at full capacity and fully

risks, has set the policy determined especially in raw material procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material (CPO) and product (Biodiesel) were

as follows Unit : million baht Service For the three-month period Ended March 31, 2019 For the three-month period Ended March 31, 2018 Increase / (Decrease) Percentage Sea Freight 174.70 142.96 31.74

Increase / (Decrease) Percentage Sea Freight 167.78 155.55 12.23 7.86 Air Freight 215.46 262.57 -47.11 -17.94 Logistics Management 98.81 92.73 6.08 6.56 Cross-border transport 125.90 0 125.90 100 Related

to misappropriate 80.1 million Baht from Rayong Wire Industries, an Eastern Wire subsidiary, through a contract for advanced procurement of raw materials with Union Gas and Chemicals Co., Ltd. in 2004

freight saving. This does not have any impact on regional or consolidated EBITDA. 4Core EBITDA is Reported EBITDA less inventory gains/(losses) 5Core EPS is Reported EPS less inventory gains/(losses) less

) transactions 2Total of each segment may not always tally with consolidated financials due to holding segment 3Excludes price adjustment for captive sales on freight saving. This does not have any impact on

customers expand production and frozen foods customers have more raw material. - Cost of the sales and services from Q2/2016 was 91.52 percent decreased to 88.11 percent on Q2/2017 or decreased 3.41% from

during the 1st Quarter 2020. 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