the 2nd Quarter 2020. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sales and raw material importation by hedging forward contract from
data will be retained at the central database that is safeguarded with proper security measures and access control. Hard copies of documents and printed materials will be scanned and stored in the
the winter and the high oil price level. Whereas the Chinese government announced its third and fourth export quota for 2018, an addition of 1,740,000 Tons (14.45 million barrels), leading to an
, resulting from the Company has increased distribution channels to export content that the Company only sold in Thailand in the past. Moreover, there was increased sales, mostly Indian and Philippines content
global trade volume. Moreover, the Thai export sector’s competitiveness was eroded by the stronger Baht compared to trade partners’ and competitors’ currencies. Broadly speaking, the Thai economy in the
1&2 (80:20 ratio) scrap USA export price of the fourth quarter of 2017 was averaged at USD 313/mt. FOB, decreased from the previous quarter at USD 319/mt. FOB, and pig iron Russia export price of the
and Analysis (MD&A) for year 2017 (Revised) 7 The raw material reference prices on the world market are that the HMS 1&2 (80:20 ratio) scrap USA export price of the fourth quarter of 2017 was averaged
chain in Thailand, total revenue about 240 Million Baht. Moreover, higher volume of frozen shrimp, ready meal products for both domestic and export markets together with a frozen fish for export market
sales decreased from OEM projects (Toyota) and export sales increased from Asia zone such as Saudi Arabia and Malaysia. Sales from Australia and New Zealand zone decreased and meanwhile Sales from Europe