several financial institutions. GFPT Group has adopted the new financial reporting standards which are effective in 2020 by the Federation of Accounting Professions that have been adopted for the first-time
because of steel poles bidding plan postponement that impacted to new order. 3. Sales and administrative expenses : Sales and administrative expenses of quarter 1/2020 was Baht 93.39 million decreased of
last year. The decrease in gross profit margin was mainly due to differences in product mix and that some of the new products’ implementation were postponed by the customers while the Company and its
, changes in consumer behavior from New Normal situation, and uncertainty of household income, as well as, the exaction of financial institution and liquidity of business. Nevertheless, the business sector
the impact of COVID-19 at a level that the company can manage. Highlights of the company's performance in the second quarter of 2020 (Quarterly Profit New High) The Company and its subsidiary ( JMT
constructing the new bidding project around the beginning of September. 2. Cost of construction for three-month period is in the amount of Baht 13.99 million which decreases in the amount of Baht 48.83 million
, Pattaya, Krabi, etc. and the utilization rate is quite high. Thus, the Company is looking to search new additional areas covering Thailand such as beach view or tourist attractions, together recreation
8.64% from the same period in 2019. Revenues from the Manufacturing and Selling of Special Cutting Tools segment include sales from the Company, subsidiaries in the Philippines and Vietnam, and a new
to the invested in Research & Development center in India and new factory in India and Thailand. Moreover, we will keep on investing in machinery and equipment for improving the capacity and efficiency
, an increase of Baht 1,345 million or 10.6% from those of 31 December 2020. which was a result of the Company and its subsidiaries are on setting up new factories in South of India and Thailand. Unit