THB 302.96 million from those of same period last year mainly attributed to the corporate and business strategy restructuring in 2019 in order to enhance corporate efficiency and growth contributing to

wide range of economic activities, weakening purchasing powers, lowering household income, increasing number of laid off labors, high debt burden, and lowest consumers’ confidence in more than 21 years

previous year. The profitability of methyl ester was pressured by stiffen competition with increasing supply in Thailand. Additionally, the declining of palm oil price and the falling global glycerine price

upwards by 6.45 USD/BBL with respect to the policy switch made by OPEC members, from increasing market shares to a joint decision with non OPEC member countries to reduce crude production. When compared to

1.00 per share to accommodate the allocation of the newly issued ordinary shares under the specific objective basis to specific investors (Private Placement) for purpose of increasing the liquidity and

objective basis to specific investors (Private Placement) for purpose of increasing the liquidity and supporting the expansion of the Company’s core business, as well as investing in various projects; and the

effect elapsed that led the weather situation back to normal state, and consequence to the continuous growth of palm oil inventory. Furthermore, some countries have raised import duties for palm oil which

affected the Group's sales. From the above situation, The Group placed importance on increasing service through take- home and delivery services to full capacity in order to meet the consumer demand

tons, a growth of 1,700 metric tons or 5.20% up from 2018 mostly from increasing in export volume of fresh frozen chicken products to China. GFPT Public Company Limited Management Discussion and Analysis

the principal distribution channel that has been increasing consecutively, from the customer base expansion in accordance to the Company’s strategy, as well as the fact that the Company has begun