Doubtful Accounts In the 2nd quarter of 2019, the Company reversed allowance for doubtful accounts amounting to Baht 6.17 million or equivalent to 31.58% because the Company received the payment of advance

15.3% Administrative Expenses (34.5) (8.4) 308.8% Finance Costs (76.9) (93.7) -17.9% Share of Profit from Investments in Associates and Joint Ventures 339.2 659.2 -48.5% Income Tax Expense (6.3) (6.8

policy of some distribution channels in domestic to enhance the efficiency of expenses. Such policy made the decrease of revenue but decrease the expenses caused from that distribution channels also. In

, trade account payable and other account payable for working capital, investment in real estate project, and deposit and advance received from customers. At the present time, there are 14 projects

to the same period of previous year of 45.09 Million Baht in profit. The details as follow: Performance Analysis (1) Revenue Quarter 1-2019 the company and its subsidiaries has total revenue of 753.22

customers’ and the company’ s brand name for both domestic and international markets. GFPT’ s strategy is committed to being one of a leader in the poultry processing industry by focusing on the highest

of the Annual Operating Result as ended 31 December 2018 Construction Income In 2018, the company and its subsidiaries’ construction income was Baht 173.81 million, whereas Baht 229.11 million in 2017

consists of advance payment for purchase of land Baht 100 million and leasehold improvement, equipment and computer software Baht 181 million Finance Costs In 2019, The Company had total interest paid of

as the advance amount from the new awarded project of the mentioned subsidiary. The debt to equity ratio of the 3rd quarter was equivalent to 2.14 times increasing from 1.78 times in 2017 due to the

derived from sales of Biomass Power Plant which increased by Baht 95.6 million or 14.2% from increase in revenue from the new biomass power plants which the Group acquired in the third quarter of 2020. In