tons, a growth of 1,700 metric tons or 5.20% up from 2018 mostly from increasing in export volume of fresh frozen chicken products to China. GFPT Public Company Limited Management Discussion and Analysis

distribution channel, as well as market expansion in both domestic and overseas to continue the Corporate Group’s growth, along with effective cost management to maintain profit margin target.

revenue from Epicure Catering Co., Ltd, which the Company invested in February 2019. This investment caused the growth in Food Business which the revenue from this business was 9.2% of total revenue. Even

of Director’s Meeting No.4/2019 held on August 8, 2019 about the expansion of Wattanapat Samui Hospital project, increasing licensed beds from twenty nine beds to no more than 59 licensed beds

concentrates on branch expansion, products sourcing and development together with other channels expansion in order to response and attract customers together with the effort to manages and efficiency controls

business expansion. Compared with administrative expenses in 1Q17, an increase of Baht 3.60 million or 10.50% is observed, and this is mainly due to an increase in travel expenses, stock destruction fee, and

expansion since the last quarter of 2016. However, gross profit margin for Q3 2017 was slightly decreased from the same period of 2016, because service cost for engineer and depreciation has been increased. 4

inspection service in eastern region as the service expansion since the last quarter of 2016. However, gross profit margin for Q3 2017 was slightly decreased from the same period of 2016, because service cost

office space due to the fact that over the past period, the Company has expanded its business, and as such, it is necessary for the Company to utilize more space to accommodate the expansion of various

was stagnant, the food sales for Q2’2018 was Baht 1,607 million, increased by Baht 13 million or 0.8% from Q2’2017 mainly from continued store expansion. Cost of Sales Total cost of sales of the company