0.63 MB, equivalent to 0.4% of total revenue from sales. The Company has a lower gross margin comparing to the same period from 12.3% to 7.5% because the company is not able to increase the selling price

of sales for each product group. In addition, the Baht appreciation affected to lower in cost but it’s not material. Gross profit margin more than the same period of last year by Baht 65.63 million

average, lower than those of the domestic market. The company has the distribution costs for the year 2019 in total of 768.1 million Baht or equal to 14.6 percent of sales revenue increased by 2.2 percent

doubtful THB 20.9 million but reverse allowance for doubtful THB 4.1 million in 2019. Thus, net profit and net profit margin in 2018 seemed lower 2019 significantly. • As of YE 2019 and 2018, Cash and Cash

to 0 . 2 5 million baht, a decrease of 0 . 1 7 million baht or 6 8 percent from the same period of last year. The contract expires, resulting in lower interest expenses. Income tax expense for the

897.9 million in Q2/2017 or 3.39% decreased from last year’s which was lower than the sales falling rate resulting from the downward gross profit margin of Q2/2017. The gross profit in Q2/2017 was

 expenses were 10% higher in Q217 than in Q216 due to higher salary expenses. SG&A expenses in Q217 were 3% lower than Q117. Foreign Exchange Rates Each week's sales and purchases are booked based on the

&D to improve its capability of receiving new wastes. This also help the company to lower its waste treatment cost. The progress of Map Ta Put project (RDF) is now approximately 70 percent, it is

first six months of 2017 was at 7.89%, higher than 6.83% for the same period in 2016. This is because the additional construction work of Xayaburi project has lower gross profit margin than the main

quarter of 2017 but recovered back to normal in 2nd quarter of 2017. However, the sales in the Chinese market was lower than the predicted target due to moving period for some production line to Rojana