be negatively affected by the aforementioned circumstances. Nevertheless, we will continue to ensure business stability by ensuring that MACO maintains a sufficiently strong cash flow. Once the global
volume from customers due to slower production and sales of pickup trucks in Thailand. China and Portugal Operation, on the other hand, recorded a strong growth of 26.8% and 13.7% year-on-year respectively
contribution from our subsidiaries outside Thailand. Revenue from Portugal operations increased slightly by 3.7%. China recorded a strong revenue growth of 24.3%. The company also recorded increase in revenue
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conditions including the strong appreciation of THB/USD, which strengthened from the average rate of Baht 35.1060/USD in Q1-17 to Baht 31.5422/USD in the same period this year, and the shortage of some items
THB 0.40 per share; which reflected another strong performance of GFPT group. For capital structure of the Group, as at September 30, 2017, the consolidated debt to equity ratio was 0.42: 1 and the net
sustainable manner, with strong corporate governance and social responsibility. Table1: Financial Summary for the year 2017 Unit: Million Baht 2017 2016 Increase (Decrease) % Change Sales income 59,888.32
rating to be enhanced from its stand-alone rating. On a stand-alone basis, TRIS’s view remains unchanged. The Company’s business performance has been relatively strong and stable from its well-diversified
foreign exchange of Baht 3.31 million, which was a loss on foreign exchange. The need to improve foreign debtors' accounts and dilassa's savings at the end of the period was due to continued strong baht
volume. 3. Thai Baht was strong in first half year which led to lower of margin of export when translate to Thai Baht. However in year 2016, the Company expanded to the water management business which has