26.98% to 26.72 % as a result of the changing sales mix that each product line contributed to total sales. Table 4: Cost of Goods Sold by Type of Expenses for the Three Months Period Ended 31 March (YoY
from the same period of last year due to loss on forward contract caused by foreign exchange volatility during the Covid-19 pandemic. 1.2 Cost of goods sold and expenses Consolidated financial statements
inventory on lower- margins from sales. Total expenses were Baht 450.0 million, decreased by 5.9% compared to same quarter last year due to measures taken up to control expenses. As a result, the Company
Infrastructure Business, followed by the revenues from Telecommunications Infrastructure Business. The gross profit margins for the periods were 10.99% and 16.10% respectively. Sales and Administration expenses
recorded at the time of acquisition of GLAND, which reflected the fair value of GLAND’s investment properties at that time. As a result, the depreciation and amortization expenses from those investment
decelerating rate due to slowdown in external sector and manufacturing production at home. Meanwhile, private consumption which continued to expand was derived mainly from increased expenditures on automobiles
value of GLAND’s investment properties at that time. As a result, the depreciation and amortization expenses from those investment properties, which represents most of GLAND’s operating cost, is higher
costs. Table 5: Cost of Goods Sold by Type of Expenses for the Three Months Period Ended 30 September Cost of sales Consolidated financial statements Change Increase/(Decrease) For Three Months Period
administrative expenses 98.56 100.45 1.89 1.92% 293.80 301.13 7.34 2.50% Operating profit 428.70 412.15 (16.55) (3.86%) 1,422.44 1,366.98 (55.46) (3.90%) Finance cost 24.89 35.10 10.22 41.06% 81.54 105.82 24.27
) (639.27) -10.08% Gross profit 434.06 351.45 -19.03% Selling expenses (75.20) (78.14) 3.91% Administrative expenses (125.35) (157.56) 25.70% Operating profit 233.51 115.75 -50.43% Investment income 0.50 1.75