. 2Q 2019 PERFORMANCE ANALYSIS (YoY) In 2Q 2019, the Company reported a consolidated operating revenue of THB 690mn, a significant increase of 161.5% YoY from THB 264mn in 2Q 2018. The revenue comprised

consolidated of GFPT Public Company Limited (“GFPT” or “the Company”) and its subsidiaries (collectively, “GFPT Group”) for the 2nd Quarter 2019 as well as included any significant transactions occurred during

Parent was Baht 1,024.9 million, a 28.0% increase from 1H2018. Significant Events in 2Q2019:  From 1 January 2019, the new Thai Financial Reporting Standard in relation to revenue recognition (TFRS 15

and have undertaken in guaranteeing minimum EBITDA of the REIT, thus, their significant risk and reward were not transferred to the buyer. However, during the period 2019, the Company has reconsidered

) (6.42) (3.78) (17.04) (9.07) (5.92) (38.91) 4. SIGNIFICANT EVENTS As of 26 June 2019, TRIS Rating affirmed the company rating and senior unsecured debenture rating of Eastern Water Resources Development

ended 30th June 2019, the Company and its subsidiaries had other income of Baht 5.57 million which decreased by 11.4 percent from the same period previous year. The significant other income is income from

projects In 2Q19, the world’s economy was impacted by several significant events. In May, US-China trade war escalated again when the US announced plans to further raise import tariffs of Chinese goods

, up by THB 20 million from the corresponding period last year. Such a significant increase was due to our higher requirements for funding from financial institutions for the purpose of liquidity and

 Net debt to equity ratio as of 31 March 2018 stood at 0.34x, an improvement from 0.93x in 31 December 2017. Current ratio as of the same date stood at 3.09x, a significant improvement from 1.70x, both

country’s leading parcel delivery company. This acquisition is a significant step on our path to establishing our O2O ecosystem. By enhancing our logistics capabilities, we are able to facilitate better