customers, which entered into short-term contract with specific quantities and delivery term (Made to Order). This helps the Company to efficiently control inventories aging and procurement that prevent risk
Financial Reporting Standards 15, Revenue from Contract with Customers (TFRS 15) which was enforced on the 1st January, 2019. The Group adopted protocols from TFRS 15 by way of realizing cumulative effect
. Excluding Long Quan Safe Food JSC (LQSF) Vietnam, Export Branded Business sales grew 6% YoY. Total Contract Manufacturing Business (CMG) sales decreased 30% YoY. Year 2019 Sales Revenue The Company and its
during the 1st Quarter 2020. 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
: Solar Rooftop had signed new contract of 6.5 MW in 1Q2020, total accumulated signed contract as of 1Q2020 were 36.9 MW and had started COD of 9.7 MW in 1Q2020, total operating of 16.1 MW as of 1Q2020
by THB 18mn (or 50.6%), and (iv) other revenue that increased by THB 392mn (or 343%) YoY, primarily from the THB 200mn revenue from the termination fee of management contract of 2 managed hotels in
had 3 major overseas customers that have made contract to the debt repayment insurance with a local financial institution. At the present, it is in the process of determining to make contract to the
statement Unit : Million baht 2020 2019 Revenue from sales and rendering of services (excluding fuel cost) 2,207.80 2,058.80 149.00 7.2 Revenue from finance lease contract 717.21 750.86 (33.65) (4.5) Share of
. Furthermore, the subsidiary company was sued as the defendant in black case no. Por. 1430/2561 to Samut Sakhon Province Court for breach of contract and oblige for the mortgage of land and buildings of the
2Q2019. While Normalized Net Income attributable to Owners of the Parent was Baht 177.7 million, a 74.4% decrease from 2Q2019. Significant Events in 2Q2020: Solar Rooftop had signed new contract of 7.2