GFPT Public Company Limited Interim Management Discussion and Analysis for the 2nd Quarter 2019 Page 1 of 13 Management Discussion and Analysis This interim MD&A report has been prepared based on the
) has been applied to GHECO-One which resulted Gheco-One to levelize the AP over the contract period rather than the front-loaded AP received from EGAT according to PPA and to record the deferred revenue
increase of cost from raw material handling by the Company itself after terminate contract with Unit : million Baht Q 2/2019 Q 2/2018 Group Revenues 5,192 7,815 Group EBITDA 640 555 Group Net Profit (Loss
will be stared in 1Q2020 and it takes one year from start to completion (the extension is included) 2. Involved Parties Contractor: the contractor will be selected and signing the contract after
cost) 2,135.19 1,588.22 546.97 34.4 Revenue from finance lease contract 738.69 853.62 (114.93) (13.5) Share of profit of associates / joint ventures 1,281.83 1,727.16 (445.33) (25.8) Other incomes 232.17
: Signed a new operating lease contract in Poland. VHE Wroclaw Hotel Sp.z.o.o. (a wholly owned subsidiary of Vienna International Hotelmanagement AG), has signed new 20-year operating lease contract for 240
longer than that of Q2/2018 from Long Quan Safe Food JSC (LQSF), Vietnam. Total Contract Manufacturing Business (CMG) sales decreased 9% YoY. Domestic Branded Business sales decreased 16% YoY. Export
revenue under the contract. Whereas they were booked under selling expenses when the transaction occurred. All comparisons of changes in this report are based on the adjusted accounting policy and
will be stared in 1Q2020 and it takes one year from start to completion (the extension is included) 2. Involved Parties Contractor: the contractor will be selected and signing the contract after
, respectively, supported by growth from overseas demand especially from CLMV and the recovery of domestic energy drink market. Based on Nielsen as of 30 June 2018, market growth was -1.6% YoY during the first