processed food for domestic market. GFPT Public Company Limited Interim Management Discussion and Analysis for the 2nd Quarter 2018 Page 4 of 13 Cost of Sales and Gross Profit Cost of sales for 2Q2018 was THB
selling price of processed food for domestic market. GFPT Public Company Limited Interim Management Discussion and Analysis for the 3rd Quarter 2019 Page 4 of 13 Cost of Sales and Gross Profit Cost of sales
mainly from higher selling price of processed food for domestic market. GFPT Public Company Limited Interim Management Discussion and Analysis for the 2nd Quarter 2019 Page 4 of 13 Cost of Sales and Gross
1H 2019 Increase/(Decrease) THB mm THB mm THB mm % THB mm THB mm THB mm % Total Revenue/1 2,023.4 3,074.1 1,050.7 51.9% 5,470.5 6,877.1 1,406.6 25.7% Total Cost 859.8 881.0 21.2 2.5% 2,388.2 3,495.2
% (15.82) (72.84%) Finance cost 17.31 0.12% 23.03 0.16% 5.72 33.02% Profit before income tax expenses 538.56 3.76% 254.72 1.77% (283.84) (52.70%) Tax expense 108.37 0.76
business in 1Q2018 decreased from lower selling price of processed food which decreased by 9.70% comparing to 1Q2017. Cost of Sales Cost of sales for 1Q2018 was THB 3,439.11 million, a slight decrease of THB
million, similar to the previous year which were Baht 1,104 million. During the year 2019, the Company recognized past service cost as an expense in statement of comprehensive income due to the recognition
same period of previous year mainly because the significant growth in revenue. The Company had lower proportion of cost due to economy of scale by producing in larger quantities, and the more skill
of cost due to economy of scale by producing in larger quantities, and the more skill acquired from the new machines to produce high- end products, which have higher profit margin than existing
increased by THB 4.68 million, or 2.66% up from 1Q2018. Revenue from processed food business in 1Q2019 increased from higher selling price of processed food which increased by 7.93% comparing to 1Q2018. Cost