shall receive under the contract terms, will reach the peak in 2018 and then decline gradually from 2019 onwards. Marketing and promotional expenses paid by CBD amounted THB 201 million, increased by THB

Business estimated that in September 2018, the consumption of B20 was approximately at 2,600 tons or equal to 520 tons of B100. In addition, in this period, some fuel traders had gradually used their

Income The consolidated other income in 3Q2018 was THB 74. 61 million, decreased by THB 6. 62 million or 8. 14% down from 3Q2017. The consolidated other incomes in 3Q2018 was 1. 65% of net sales, gradually

gradually from 2019 onwards. (2) Marketing and promotional expenses including the portion paid by CBD and the portion paid by ICUK for UK operation. (a) Marketing and promotional expenses paid by CBD amounted

sales (-20.1% YoY) and lower revenue from OEM sales (-30.1% YoY). The decrease in OEM sales were mainly from lower OEM glass bottle sales (- 25.4% YoY) which were gradually recovering after the start-up

have gradually stopped providing fixed-speed unlimited price plans and expect the impact of suppressed ARPU to slowly be unwind. Handset subsidies remained elevated in 4Q18 due to seasonality while

that are under construction; 2) THB  632.8mn decrease in condominium purchased for sales when The Diplomat 39 and The Diplomat Sathorn were gradually transferred and recognized as revenue; 3) THB 534.8mn

and The Diplomat Sathorn were gradually transferred and recognized as revenue. Liabilities   As of 31 December 2019, the Company’s total liabilities stood at THB 7,174.9mn, a decrease of THB 1,432.9mn

% of revenue from sales, gradually increased from 1.68% in 1Q2019. GFPT Public Company Limited Interim Management Discussion and Analysis for the 1st Quarter 2020 Page 4 of 11 Selling General and

people work from home resulting in the decrease in MRT ridership especially in April 2020 and gradually increase after the government relief measures. However, the ridership was slowly recovering than the