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
decelerating rate due to slowdown in external sector and manufacturing production at home. Meanwhile, private consumption which continued to expand was derived mainly from increased expenditures on automobiles
addition, the selling price of electricity has increase due to the rise in Ft rate resulting in a higher net profit in Q1/2018. Q1/2018 Financial and Operating Highlights * Exclude costs of depreciation and
1,674.44 million and THB 1,249.63 million respectively, slipping significantly at a rate of 25.37%. The slump in international sales revenue is still accountable for the decrease in sales revenue as
maturity fixed deposit was transfer to saving account and increase about 45 million baht from 2017 in relation to the increase in FED interest rate from 0.75% in 2017 to be 1.50% in 2018 and 1.75% in 2019
, which was, the government issued the Labor Protection Act (No. 7 ) B.E. 2019, prescribing the rate of severance pay that increased from 300 days to 400 days Such change resulted in an increase of the