under the Notification of the Capital Market Supervisory Board No. TorChor. 20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of Assets (as amended) and

Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 12 Executive Summary Growth in both revenue and net profit demonstrates the effectiveness of retail

create business growth and sustainable value.While the corporate governance practices adopted by Thai listed companies have undergone continuous developments with the focus on building investor confidence

and according to target. In 2019, Thai economy has decelerated with GDP reported at 2.4% decreased from 4.1% in 2018 as a result of declining in export growth and Baht appreciation. The world-trade

the 1st Quarter 2018. 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

considered as class 2 transaction under the Notification of the Capital Market Supervisory Board No. Tor Jor. 20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of

, following the gradual economic growth and the export sector has expanded well from the economic recovery. Beside, company and its subsidiaries recorded the profit sharing to non-controlling interest in a

Entering into Material Transactions Deemed as Acquisition or Disposal of Assets dated 31 August, 2008 and its amendment, and the Notification of the Board of Governors of the Stock Exchange of Thailand Re

increase in product sales volume of 6.36 percent and increase in raw material cost, salary and benefits of the employees and gas expenses but there were decrease in repair maintenance expenses. Cost of

years, the price of crude palm oil, which is the main raw material, accounted for 90% of raw materials for the production of the Company's products, has been continuously fluctuated and decreased. It was