again. This resulted in an increase in the labor cost and raw materials for the past 2nd quarter. Even though this resulted in the Company had the production cost and the cost of goods sold increased, but

quarter by quarter as a result of lower costs of key raw material and packaging items, as well as improving efficiency from modern production technology ranging from glass bottle, aluminum can to bottling

2,142.0 Mn and THB 2,209.0 Mn respectively, an increase of THB 67.0 Mn or 3.1%. This was mainly due to (1) the opening of new branches, (2) increased sales of delivery, (3) increased sales of raw material

partially offset by lower production and delayed price adjustment of raw material price increases in the Portugal operations. Selling and administrative expenses increased from Baht 397.06 million in Q4 2020

and raw material importation by hedging forward contract from several financial institutions. Industry Overview In 2019, Thailand’s chicken meat export was about 954,010 tons, 6.93% up from 2018 and

through economies of scale. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward contract from

increase in product sales volume of 8.15 percent and increase in raw material cost, salary and benefits of the employees, gas expenses and repair and maintenance expenses. Cost of services was Baht 216.88

income 21 7 3 (88%) (63%) 34 20 (41%) Total revenue 4,477 4,064 3,489 (22%) (14%) 12,010 12,156 1% Cost of raw materials - Natural gas1 748 548 534 (29%) (3%) 2,708 2,269 (16%) - Coal 1,688 1,590 1,318 (22

For 2018, the Company will still focus on achieving improved Profit Margin; namely: management of room rates for the Hotels Business, while negotiations and signing of purchase agreements for key raw

supply disruption by a raw material supplier (PTA) resulting in volume loss of 75 K Tons. This facility has since restarted. Higher volume, synergies in procurement and improved annual contracts in the