% down comparing to income tax expense of THB 305.49 million in 2017. A decrease in income tax expense in 2018 was impacted by lower deferred income tax expense comparing to 2017. GFPT Public Company
but adversely impacted from strengthened THB appreciation against USD and PHP. Without such FX impact, revenue from overseas owned hotel should have increased by 7.6%. Revenue increase were contributed
million, increased by THB 5.56 million or 2.20% up comparing to income tax expense of THB 252. 24 million in 2018. An increase in income tax expense in 2019 was impacted by higher deferred tax expense
period to the end of the current reported period. The cost of sales is impacted by inventory gains/losses wherein inventory gains decrease the cost of sales and inventory losses increase the cost of sales
appreciation of foreign currencies against Baht currency which impacted to the revenue from Hotel Business. However, the Company had revenue from new investments in new businesses such as Elite Havens in late
appreciation of foreign currencies against Baht currency which impacted to the revenue from Hotel Business. However, the Company had revenue from new investments in new businesses such as Elite Havens in late
appreciation of foreign currencies against Baht currency which impacted to the revenue from Hotel Business. However, the Company had revenue from new investments in new businesses such as Elite Havens in late
Shareholders No. 1/2017 which was held on 30 August 2017 with the disapproval resolution for the Debt to Equity Conversion Scheme, which impacted the Company’s ability to repay the debts in the amount of USD
increase in corporate income tax was directly impacted by higher corporate income tax expenses comparing to 2016. Net Profit The consolidated net profit in 2017 was THB 1,748.35 million, increased in amount
), primarily due to commercial operations of new power plants in 2018 described previously while the seasonally peak expense in Q’4 also impacted the q-on-q basis. COST STRUCTURE FINANCIAL PERFORMANCE 6 2017