Company is aware of such risks and determined the policy that focused on the procurement and management of raw material (CPO) and biodiesel’s stocks by trying to maintain inventories turnover rate between
significantly, and net loss from exchange rate. Separate financial statement, the Company posted net loss Baht 1,056 million comparing with previous quarter which has net profit Baht 119 million. Total revenue
recent bonds with lower interest rate. PERFORMANCE BY BUSINESS Rental Properties Business Q2 2018 Q2 2019 Increase/(Decrease) 1H 2018 1H 2019 Increase/(Decrease) THB mm THB mm THB mm % THB mm THB mm THB mm
and cost of services Baht 1,266 million) Consolidated gross loss amounting to Baht 75 million or gross loss margin 1% which same rate as last year. The Company posted gross loss Baht 193 million or
rate of tariff for importing products from China. However, the global economy still has continuously growing up. While Thai’s economic has trend to growing lower than expectation, Not only exporting
and management of raw material (CPO) and biodiesel’s stocks by trying to maintain inventories turnover rate between 30 – 45 days, enough for the production and delivery in each month under quarterly and
quarter, the exchange rate of THB against US Dollar was weaken resulting to the Company had loss from exchange rate by THB 184 million. However, in the second quarter of 2018, the Company had the sale
to increase selling price in Traditional trade and Cash van channel starting from July 2018. The increase in price reflect the increase excise tax and management’s policy to get competitive rate of
the 3rd Quarter 2019. 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 several
recovery of economic activity and domestic consumption. In order that, the unemployment rate at 1.9% in the 3rd quarter of 2020 slightly decreased from the previous quarter and a higher level of household