News Detail

Date/Time
27 Feb 2017 17:57:00
Headline
Management Discussion and Analysis Yearly Ending 31 Dec 2016
Symbol
JCK
Source
JCK
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                Management Discussion and Analysis

Company name                             : THAI FACTORY DEVELOPMENT PUBLIC 
COMPANY LIMITED
Year                                     : 2016
Quarter                                  : Yearly
Ending                                   : 31-Dec-2016
Note                                     :
NO. F/60 - 154

27 February 2017

Subject :     The Company results of operations for the year ended 31 December 2016

Attention :     Director and Manager of The Stock Exchange of Thailand

Thai Factory Development Public Company Limited (Company) would like to declare 
the audited financial position and the company results of operations
for the year ended           31 December 2016 which have been audited by the
Independent Auditor as at 27 February 2017.

The Company hereby clarifies the changes in performance for the year ended 31 
December 2016 as follows:

1.    In 2016, the Company reported total income of Baht 986.25 million increased 
by Baht 138.13 million or presenting 16.28% from that of the same period of last
year due to increasing in sale of condominium units and gain on change in value
 of trading securities.

2.    In 2016, the Company had cost of sale and expenses were equal to Baht 923.43 
million increased by Baht 78.64 million or presenting 9.30% from the same period
 of last year due to increasing in expenses related to total income.

3.    Financial cost in 2016 was equal to Baht 391.68 million increased by Baht 
45.61 million or presenting 13.17% from the same period of last year. The major
financial cost increased due to borrowing for business expansion.

4.    In 2016, the Company reported net losses amounted of Baht 318.35 million 
increasing by Baht 17.46 million or presented 5.80%


Please be informed accordingly.

Sincerely yours,



(Mr.Gumpol  Tiyarat)
Managing Director
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of the information and related documents of listed company or issuer to the
Stock Exchange of Thailand only.  The Stock Exchange of Thailand has   no
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