growth. In 2019, the real estate sector was beginning to face a slowdown as a result of various negative factors, particularly the Bank of Thailand’s Loan to Value (LTV) measure. The situation is worrisome
non-current assets. Note 3 Comprising income from rental fee received in advance, estimation of staff benefits, deposit of rental and service fee and other non - current liabilities. 6 Table 4
), advance received for rental income from associates of THB 89.62 million (1.73% of total liabilities), and other non-current liabilities of THB 52.88 million (1.02% of total liabilities). GFPT Public Company
loans of THB 1,600.00 million (29.64% of total liabilities), provision for employees benefit of THB 393.55 million (7.29% of total liabilities), advance received for rental income of THB 120.51 million
total liabilities) , provision for employees benefit of THB 401. 93 million ( 7. 44% of total liabilities) , advance received for rental income of THB 118.22 million (2.19% of total liabilities) , and
continuously. As well, the Company also aims to expand business to CLMV countries (Cambodia, Lao PDR, Myanmar, and Vietnam); which are the countries having interesting growth direction of business. The Company
quarter of 2018, the Thai economy expanded well, driven by both growth in the foreign sector and gradual improvements in domestic demand. Merchandise exports improved both in terms of export quantity thanks
in 2018 will achieve the growth rate of 20% from 2017. The gross income of the Company and subsidiary companies in Q1/2018 is 2,499.53 million THB, increasing 26.87 million THB or 1.09% from Q1/2017
investment LPN made in the above real estate development project and the establishment of a joint- stock company is to bring about long-term business growth. It will generate more income for LPN as it is