labor between the two (2) factories which are located at Laem Chabang and the new factory at Amata City. Such costs incurred during relocation of the production lines of sauces and condiments to the new
Industrial Estate ? though Kanchanaburi province ? with Thailand?s Eastern Industrial Estate and Laem Chabang Deep Seaport. ?Though requiring large pools of capital, such infrastructure projects will boost
the operation of 1 SPP project; (5) B.Grimm Power (Laem Chabang) 1 Limited (“BPLC1R”) for the operation of 1 SPP project; and (6) B.Grimm Power (AIE-MTP) Limited (“BPAM”) (formerly known as Glow SPP 1
relocation may give rise to the duplicated cost of labor between the factory at Laem Chabang and the new factory at Amata City to incur. In addition, during such period, the new factory was in the early stage
and garlic prices and an increase in selling price. Moreover, in 1H17, there was the duplicated cost of labor between two factories at Laem Chabang and the new factory at Amata City provided that such
Industry Estate. Gross Profit Margin Gross profit margin decreased from 30.98% in 2016 to 29.45% in 2017. The main cause stemmed from the duplicated cost of labor between the factory at Laem Chabang and the
decrease in gross profit margin was due to the depreciation of the U.S. dollar currency and an increase of the fixed cost per unit of products produced at Laem Chabang factory while the production decreased
prices. In 1H18, the Company had gross profit margin of 36.58% which increased from 29.63% in 1H17. Since in 1H17, there was the duplicated cost of labor between two factories at Laem Chabang and the new
factories at Laem Chabang and the new factory at Amata City provided that such costs incurred during relocation of the production lines of Seasoning and Dipping Sauce to the new factory. In addition, the new
BIP Power 2 BPLC1 = B.Grimm Power (Laem Chabang) 1 BPLC2 = B.Grimm Power (Laem Chabang) 2 BPWHA1 = B.Grimm Power (WHA) 1 Nam Che = Nam Che 1 Hydro Power Project XXHP = Xenamnoy 2 and Xekatam 1 Hydro