total sales, a decrease from the ratio of 24.6% in the corresponding period last year mainly due to a significant decrease in advertising and promotional expenses in the UK market under the operation of
volumes were lower than last year quarter mainly due to the termination of tolling agreement with G Steel Public Company Limited in February 2019 resulting to significant decrease in sale volume and
the disposition of assets, the Company will still have the same business nature as usual having no significant changes in business characteristics or policies. The Company can hire outsourcing companies
by 33.5 percent and 26.6 percent from the same periods of previous year. The significant other income is income from scrap sales which were the results from the processing of cold rolled stainless
consolidated of GFPT Public Company Limited ( “ GFPT” or “ the Company” ) and its subsidiaries ( collectively, “ GFPT Group” ) for the 1st Quarter 2020 as well as included any significant transactions occurred
Discussion and Analysis 1. Significant events in the first Quarter of 2020 1.1. The progress in construction projects - Gangdong Fuel Cell Project (Gangdong), a project of Paju Energy Services Co.,Ltd. (Paju
the company still has the ability to not cause significant losses in the midst of the current economic and epidemic crisis of Covid-19. 4 Financial Position: Consolidated Financial Statements 1. Total
foreign exchange loss, mainly come from USD loan at asscociate companies in Power business, and resulting into Net Profit of Baht 43.5 million, 89.8% decrease from 1Q2019. Significant Events in 1Q2020
amount than last year of the old and unused equipment. The significant other income is income from scrap sales which are the results from the processing of cold rolled stainless steel sheet and coil such
all countries where the Company owns or operates its businesses. Significant Developments Impact from COVID-19 pandemic The Company announced the temporary suspension on hotel operations from April 1