Group reported a growth in net profit, however the profit margin decreased from the same period of 2018 because of the higher electricity costs following to the increasing of sales volume in Chonburi area

2018 to maintain the growth rate, having factors including the recovery of construction material market after the improvement of purchasing power of the provincial customers and also the construction

, raw materials, were also increased in the same trend of HRC price, nevertheless, the Company was able to maintain growth in metal spread in this quarter rose to THB 8,093 per ton, increasing from the

continued to be key growth drivers of our performance in 2Q 2018. 2 MD&A 2Q 2018 (ended 30 June 2018) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2018 6 AUG 2018 IMPORTANT EVENTS IN 2Q 2018 - In May

oil production was flooded into market after El nino effect elapsed, which consequence to the continuous growth of palm oil inventory. Furthermore, some countries have raised import duties for palm oil

capital structure. GFPT Group Expansion Plan For the next 3 - 5 years, the Company has planned for its future organic growth by emphasizing on the upstream expansion of chicken farm areas with the

new products continuously. As well, the Company also aims to expand business to CLMV countries (Cambodia, Lao PDR, Myanmar, and Vietnam); which are the countries having interesting growth direction of

Company had appropriate capital structure. GFPT Group Expansion Plan For the next 3 - 5 years, the Company has planned for its future organic growth by emphasizing on the upstream expansion of chicken farm

financing the growth of account receivable and inventories. Net cash flow from investing activities was -125.16 million baht, with a main investment in new land with building and equipment of -131.27 million

and its long-term growth in the future as specified in section 8. (Translation) — 3 — 10. Opinions of the Audit Committee and/or directors of the Company which are different from those of the Board of