can be adjusted depending on changes of future situation. GFPT Public Company Limited Management Discussion and Analysis for the Year 2018 Page 10 of 14 Management Discussion & Analysis Summary of
situation of these 2 areas. Revenue of Dusit Thani Bangkok decreased from news of closing the hotel even there was special event from Miss Universe. - Revenue from Overseas Owned Hotels increased by 4.9% yoy
year for the next 3-5 years. However, this expansion plan can be adjusted depending on changes of future situation. GFPT Public Company Limited Management Discussion and Analysis for the Year 2019 Page
impacts of the situation. In 2020, the Company has initiated Organizational Transformation project which emphasizes on increasing operational efficiency and work process whereby the Group CEO also assumes
impacts of the situation. In 2020, the Company has initiated Organizational Transformation project which emphasizes on increasing operational efficiency and work process whereby the Group CEO also assumes
to on-going challenges, the Company has promptly adjusted its marketing strategy and promotion, focusing more on the domestic markets to lessen the impacts of the situation. In 2020, the Company has
The transactions are part of restructuring plan of business group with a view to withstand the potential impacts from the current situation of news and printed media industries, as well as, to commit in
possible conflict of interests To sustain the company’s operations under the prevailing severe competitive situation, the company needed to secure the support of business partners and business alliance
transaction Currently, the Company encounters the situation of the lack of financial liquidity and the cash flow for the business operation, as the Company has continuous accumulated loss. Thus, the Company
the information memorandum on entering into such transaction is disclosed to the SET. 3.3 Rationale and background of the transaction Currently, the Company encounters the situation of the lack of