, a 89.8% decrease from 1Q2019. (Unit : Million Baht) Consolidated Financial Statements 1Q'20 1Q'19 % Change Total Revenue 430.3 459.4 -6.3% Gross Profit 136.5 183.4 -25.6% Normalized Share of Profit
increase Operating Revenue, Other Utilities Revenue, and lower Cost of Sales and Services. 2 Share of Profit from Investments in Associates and Joint Ventures (“Share of Profit from Investments”) In 1Q2019
clarifies the performance as follows: During the second quarter of 2020, the Company had the total revenue and share of profit and net profit of THB 1,966.7 mm and THB 542.1 mm, respectively. If excluding FX
Including other income and share of profit from investments in associates and JVs /2 Gross profit including share of profit from investments in associates and JVs /3 Normalized Total Revenue = Total Revenue
revenue from utilities. However, if excluding the FX impact and one-time loss items, normalized total revenue and share of profit from investments in associates increased by 16.0%. • Revenue from sale of
to Owners of the Parent adjusted by Foreign Exchange Gain or Loss. For Normalized Share of Profit from Investments in 2018 is adjusted with Adjustments of Revenue Levelization (TFRS 15) for comparison
Sales and Services despite lowered Other Revenue. Share of Profit from Investments in Associates and Joint Ventures In 2018, Share of Profit from Investments in Associates and Joint Ventures was Baht
and did not affect the Company’s cash flow or its operating performance. KEY HIGHLIGHTS • Total revenue and share of profit from investments in associates decreased by 6.3%. However, if excluding the FX
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
increase in revenue from industrial land sale. However, if excluding the FX impact, normalized total revenue and share of profit from investments in associates increased by 24.5% 19.6%, respectively