Company. Enclosure For the Company’s business operation, since steel business at present could not earned much profit due to tax competition which is the obstacle for raw material import, therefore the

products such as steel, which is the main raw material in steel. In 2019, the steel price remained fluctuation, uncertain. Therefore, the Company has planned stock procurement to manage the changing of steel

raw material for electricity production, was not renewed. In addition, with the operation being discontinued for about 2 years, Akkrawat has to conduct public hearings in the neighborhood; and has to

the 3rd 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 several

E_1 Legal_FA_2015_12_29-c A WCorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2018 In 2018, the overall Thai economy maintained its growth due largely to healthier growth of exports and tourism, especially in the first half of the year. Meanwhile, the government continued to implement measures to promote and strengthen the domestic economy through support of investment and private spending as well as bolstering opportunities for other econo...

managing relevant risks under an operational risk management framework, and established additional IT risk management policies and framework for enhanced efficiency in work processes, control and systematic

after excluding inventory gains/losses from reported EBITDA. Inventory gains/losses in a period result from the movement in prices of raw materials and products from the end of the previous reported

well as enhancing security of the Company's raw materials, aiming at developing innovation and high value added products (HVA); 5) continual building business partnerships and establishing joint ventures

Group’s inventory as at September 30, 2019 accounts for 25.94 percent of the total assets, of which 20.79 percent are finished products, 21.45 percent are work in progress and 45.67 percent are raw

after excluding inventory gains/losses from reported EBITDA. 8 Inventory gains/losses in a period result from the movement in prices of raw materials and products from the end of the previous reported