to: • Decrease in financial cost of THB 17 Million consequent to debt reduction programme. • Net gain from exchange rate of THB 71 Million resulting from the strengthen in Thai Baht, whilst last year
exchange rate The Company had recorded gain from exchange rate for 3 rd Quarter 2019 and 2018 amounting to THB 19 million and THB 113 million in respectively which was lower than last year quarter mainly due
10.56 Total Revenue from Sales and Services 4,747.55 98.39 4,329.35 99.68 418.20 9.66 Gain on Sales of Fixed Assets 64.21 1.33 1.67 0.04 62.54 3,744.91 Gain on Foreign Exchange Rate – Net 4.96 0.10 4.61
due to effective in cost management and currency appreciation than the previous year resulting in lower product costs. In the year 2019, the exchange rate was between 30.33 – 32.53 Baht per 1 US dollar
2017 and 34.7 to 36.2 in 2016. However, the company has no policy to speculate on the exchange rate but continues its prudent policy in the full hedging on net position of each currency’s exposure to
million resulted from the Company had drawdown a short-term loan for purpose of increasing working capital commencing in 1st Quarter 2019. Gain from exchange rate The Company had recorded gain from
) Sales and service income 266.92 209.13 57.79 28% Gain from exchange rate 1.06 0.44 Other income 1.07 2.19 -1.12 -51% Total revenues 269.05 211.76 57.29 27% Cost of sales and services 185.46 153.62 31.84
transactions occurred during the 2nd Quarter 2017. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward
during the 1st 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