revenue of 32.87 million Baht. This increase can be attributed to the increase in sales volume, both domestically and abroad especially from two primary customers of the Company and the higher average sale
million baht lower than the nine-month period for 2018 by 9.4 percent. The reason for the Company’s incurred a lower net loss are the Company is able to manage higher gross margin and a reduction of
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subsidiaries recorded loss of Baht 52 million, decreasing from Q1/2018 that recognized net profit Baht 9 million, due to 1) sales shrinkage in CMG and domestic branded sales; 2) higher cost per unit as a result
569.35 6.85 357.50 4.64 211.85 59.26 Overall financial performance of GFPT Group in 2Q2019 improved from the same period last year thanks to higher revenue from sales, higher share of profit from
– Higher price-earnings multiples (Barth et al., 1999) – Positive abnormal returns (Bartov et al., 2002) – Lower cost of debt (Jiang, 2008) • One can simply ask a following question: what really drives this
48.3% from 9M/2018, mainly due to the increase in both revenue from sale of goods and revenue from rental and rendering of services, higher gross profit margin from sale of goods, decreased percentage of
driven by improving domestic economic conditions, bouyant exports and the tourism sector. The market expects private consumption to have expanded, with higher spending on durable goods – particularly
revenues of Baht 2,190.9 million and increased by Baht 1,577.2 million or 257.0% compared to the total revenues of Baht 613.7 million for 2018. The increase was mainly due to higher revenue from palm oil