the previous year due to continue an increase of export and private consumption, as well as an expansion of private investment. In addition, there were supporting factors from domestic demand from the
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
GDP (Gross Domestic Product) in fourth quarter expanded at 1.6 percent, slowdown growth from the previous quarter which grew at 2.6 percent. These factors limited Thailand’s GDP expansion in 2019 to
, liquidity, and profit growth. Consequently, EGCO can earn trust and confidence from banks and financial institutions in supporting continuous investment growth. Good relationship with communities
gross profit were Baht 155.44 million, which decreased from the previous year by 1.86 million or 1%, due to an increase in cost of sales and decrease in unit price. Page 2 of 4 (4) Gain from sales of land
product quality (the company has been awarded ISO 13485, the Quality Management System for Medical Device Industry), which is an important tool in the competition and expansion of the market in the future
. Net Profit decreased by 24% to THB 1,805m in 2019 from THB 2,375m in 2018 due to lower operating profits more than offsetting an increase in exchange gain of THB 319m in 2019. Past Performance Analysis
the year 2019, leading to the revenue dropped of Baht 28.83 million or 30.03% Other Revenues Other revenues, including interest income, gain on foreign exchange and other income, amounted to Baht 4.56
, including interest income, gain on foreign exchange and other income, amounted to Baht 4.56 million in 2019, which rocketed year-on-year by Baht 3 .81 million or 508% due chiefly to a reversal of accrued
, including interest income, gain on foreign exchange and other income, amounted to Baht 4.56 million in 2019, which rocketed year-on-year by Baht 3 .81 million or 508% due chiefly to a reversal of accrued