the 1st Quarter 2018. 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 several
raw material and packaging items, as well as improving efficiency from modern production technology ranging from glass bottle, aluminum can to bottling and canning plants which enabled the economies of
progress and 48.48 percent are raw materials. The Corporate Group conducts inventory inspection every month and has employed accounting policy for setting provision for deteriorated inventory based on
domestic spending o Branded domestic sales of canned fruit dropped by over 40% since the crop of the Company’s major agricultural raw materials such as rambutan, longan and lychee were declining last year
, telecommunication network and operates solar power plant. The Company received approval from the Security Exchange Committee to proceed initial public offering of new common stocks to public on 13 January 2017. The
) Gain from the Creditor waived the debt (624) Loss on confirmed purchase orders of undelivered raw material (Reversal of) 178 Loss from disposal of assets 8 Employee benefit obligations 6 Tax expense 7
million, an increase of 26% from Baht 2,061 million as at 31 December 2016, mainly due to higher trade payables resulted from raw materials and packing materials purchase for the new crop season of canned
155.6%, arising from increase in available payment from GHECO-One, according to the Power Purchase Agreement (“PPA”) which is based on the principle that annual Availability Payment (“AP”) will not lower
coil cutting machine and steel conduit production line. The building shall be utilized as a warehouse for finished goods and steel coils which are the Company’s primary raw material. 1.5 Total Value of
; a steel coil cutting machine and steel conduit production line. The building shall be utilized as a warehouse for finished goods and steel coils which are the Company’s primary raw material. 1.5 Total