services income, financial position, operating results, and cash flows at present. Further is expected to do so in the future. However, the management has continuously monitored the ongoing developments and
Baht/ share). Moreover, during the first quarter of 2017, the Group has purchased some land to support the business expansion on property development business (record as investment property). tel:02-455
risks to be monitored going forward. An oversupply of condominium units in certain price ranges and areas, particularly condominium with price below THB 3mn, continued to increase, while the time taken
signs of recovery in many areas, factors that still need to be monitored include 1) the continuing trade tensions between the US and trading partners, particularly China which may impose risks to the
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
36.3% YoY to THB 1,992mn, predominantly due to the increase in revenue from hotel operations as a result of the hotel portfolio expansion, together with revenue from the termination of hotel management
operating result – Relative to last year quarter’s, Loss Ratio had dropped by 8.64% (From 67.87% to 59.23%). Underwriting had been more selective. Sales associated with high risk clients had been monitored
depressions in farm income and high level of household debt while inflation remains at a low level. Other key risks that need to be monitored are the slowdown in global economy especially the Chinese economy
level of household debt while inflation remains at a low level. Other key risks that need to be monitored are the slowdown in global economy especially the Chinese economy, lower than expected growth in
higher competition. The company recorded revenue from services of 579.03 million Baht which increased from the last year totaling 431.89 million Baht or 293.52% due to the expansion of construction