, the employment rate was improved mainly from business expansion from both government and private sector. Nevertheless, national income increased in line with a rise in cost of living and fuel price
1.6 percentage growth in airline business. However, during the period, the Company has implemented cost reduction plans including flight management strategy. That was a result of improving of passenger
December), the Company had production not only full capacity during the off-peak period (the period where electricity cost is cheaper), but also extended some operated hours to on-peak period in order to
/2023 were 2,114 million baht, and for the 9M/2023 was 6,212 million, As a result, the expense to income ratio (Cost-to-Income Ratio) this quarter increased to 39.1% from 36.5% in the previous quarter
redundancy, and to save cost and expense in the long term. The Company has also adjusted CAPEX plan and delayed the new investments, for example, the JV with ORI, the JV with MPIC, and the luxury villa
significant rise of natural gas prices while the Ft rate did not increase correspondingly to reflect the higher cost, which impacted the gross profit of Rayong Central Utility Plants and IRPC-CP. Also, the
Cost of sales mainly consists of cost of raw materials, packages, supplies, salary of production unit’s staff, depreciations, kitchen utensils and space usage expense of production unit. Major part of
mainly from higher selling price of processed food for domestic market. GFPT Public Company Limited Interim Management Discussion and Analysis for the 2nd Quarter 2019 Page 4 of 13 Cost of Sales and Gross