customers in the real estate development business. Therefore, they can make a construction plan and allocate construction workers with less time and more efficiently. Administrative expenses For the first six
. - - แฟกซ์ - construction drawings, especially existing customers in the real estate development business. Therefore, they can make a construction plan and allocate construction workers with less time and more
time since 2016 Media operation in Indonesia reached profitability since its commercialisation in April 2019 Net profit excluding minority interest was THB 42mn KEY BUSINESS UPDATE THAILAND
, while the company has adapted to the situation through several cost-saving initiatives. The Company’s part-time staff has been paused, while the full-time staff has been relocated to support delivery
. Under expansion strategy in 2018, the Company opened 6 new hotels under the management residing in Dusit International and signed 14 new management contracts in the Philippines, China, Myanmar, Japan
equity of the Group was considerably low at 0.25 time, same level as 0.25 time as at December 31, 2019. In summary, the Company had appropriate capital structure. GFPT Group Expansion Plan In the next 3- 5
7,698 mn, up by 5.2% YoY with a 6% YoY growth in net profit to THB 2,483 mn. Establishment of a Joint Venture to support business expansion plan On 5 September 2017, the Company established a new joint
slower rate in March and reached its bottom in April (-8.1% YoY), it made a v-shape recovery with 18.0% growth in June, partly driven by additional supply of C-Vitt from capacity expansion. - While Q2’20
continued to grow and signaled future investment. Tourism–related businesses expanded thanks to a growing number of Chinese tourists. On the other hand, expansion of real estate and construction businesses
confidence and business sentiment. The continual expansion could help offset the slow disbursement of public investment in this quarter. All in all, economic drivers continued to improve particularly