Group, as at June 30, 2019, the consolidated debt to equity ratio was 0.42 time and the consolidated net debt to equity ratio was considerably low at 0.26 time. Overall Financial Performance and
of gourmet food and beverages in Q2 2018 significantly decreased as compared to the same period last year due to the reduction in the number of employees at the executive level and the control of
low at 0.29 time. Financial Highlights 3Q 2018 3Q 2017 Change 9M 2018 9M 2017 Change THB million % Sales THB million % Sales THB million % THB million % Sales THB million % Sales THB million % Revenue
low at 0.25 time, same level as at December 31, 2019. In summary, the Company had appropriate capital structure. GFPT Group Expansion Plan In the next 3- 5 years, the Company has planned to grow
and the consolidated net debt to equity ratio was considerably low at 0.25 time. GFPT Public Company Limited Interim Management Discussion and Analysis for the 3rd Quarter 2019 Page 2 of 13 Overall
percent, a drop from 0.78 percent in the same period last year and 0.66 percent in the last quarter, reflecting the low overall cost of production and the slow recovery in household purchasing power. The
household debt, that leads to low level of consumption 2) Escalating trade tension between US and the rest of the world, which could negatively impact export and investment 3) Less surplus of Thailand’s
waiver until the end of April 2019 ; and 3.) other supporting factors, namely government subsidy to the low-income citizens to stimulate near-term consumption, as well as strong investment outlook in
high level of household debt limiting widespread consumption 2) Escalating trade tension between US and the rest of the world including a slowdown in the Chinese economy which could negatively impact
high level of household debt limiting widespread consumption 2) Escalating trade tension between US and the rest of the world including a slowdown in the Chinese economy which could negatively impact