previous projected at 2.8% growth to a 5.3% contraction due to the fact that COVID-19 outbreak severely affected both external and domestic demand particularly the tourism and exporting sector which sharply
growth in domestic market at 3.4%, was due to last year forward stock into Q1’18 to prepare for the company name change from private to public company. Joint-scheme with BNK 48 helped uplifting Twelve Plus
our key products and strong margins, even carrying forward into the second quarter, driven at first by recovery in China. Global inventory levels are tight and combined with supply chain shocks are
disruption, we expect a V- shape recovery in this segment with easing lockdowns as witnessed in Chinese domestic markets. Mobility demand was impacted due to lower demand of replacement tire and reduced
the 1st Quarter 2018. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward contract from several
transactions occurred during the 2nd Quarter 2017. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward
during the 1st Quarter 2020. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward contract from
with the pervious quarter. The improvement was due to the easing of lockdown measure and domestic travel restriction, coupling with the implementation of government policies, which resulted in the
. Appreciation of THB also affect the export volume. Domestic volume also dropped by 3.28% to 1,007,552 units, compared to 1,041,739 units in 2018 even though there was an increase in domestic demand in first half
transmission tower, infrastructure and communication as well as seeking opportunities to generate income in other businesses both domestic and international. Business operation of our groups year 2020 ended