backlog was THB 16,745mn, decreasing by 6.9% as compared to the end of 2018 of THB 17,981mn. Although the JVs had sturdy sales in The Line Wongsawang, The Line Ratchathewi and The Line Phahonyothin Park

stood at Baht 611.76 million and Baht 679.12 million respectively. The decrease in liabilities was mainly due to decreasing in current liabilities, reflecting lower purchases of raw materials in the

total revenue or THB 80mn, decreasing by 17.2% YoY or THB 17mn, mainly due to a decrease in project management fees. Revenue growth was also accompanied by an increase in cost of sales which came to THB

and net profit margin. Liquidity ratio was 0.9 times lower than last year because of decreasing short-term investments and cash and cash equivalents for investing on Investments in associates and

of 2017 by 6,134 tons or lower by 27.94 %. Due to the competition in discount bidding and average selling price per unit of product decreased by THB 5,560 per ton in relation to the decreasing in raw

for Q3/2018 were 2,549 million Baht, decreasing by 468 million Baht comparing to Q3/2017, which came from a decrease in power generation business of 463 million Baht and a decrease in other business of

%. Due to decrease in the average selling price per unit of product by THB 800 per ton in relation to the decreasing in crude palm oil price. - Biodiesel’s Quantity sold in 3rd quarter of 2018 was 13,789

sales section. in 4Q/2019, the Company had gross profit from sales of real estate of THB  146.5mn, decreased from THB  344.6mn in 4Q/2018 in line with the decreasing in revenue. However, GPM in this

from decreasing in export volume of fresh chicken meat to China and cooked chicken products to Japan. GFPT Public Company Limited Interim Management Discussion and Analysis for the 1st Quarter 2020 Page

operating results. The operating profit of EGCO Group for Q1/2020 was Baht 2,357 million, decreasing by Baht 558 million compared to Q1/2019, which came from a decrease in power generation business of Baht