raw material cost and fixed cost from new production line which haven’t operated at optimized capacity. Selling expenses on year 2018 increased 9.82 percent from year 2017, due to higher transportation

Thailand economy. This affected the production of Thai automotive, as well as the sales and production costs of the Company during the fiscal year 2019 (1 October 2018 to 30 September 2019) as follows; 1

storage of crude palm oil cannot be stored separately. As a result, the production cost fluctuates according to the raw material price during the changing period.  For 2nd quarter of 2022, Refined

stability of VCM production, and more balance of ECH market. Analysis of Cost and Expenses 1. In Q1 2018, Cost of sales was 4,159 MTHB, increased by 485 MTHB comparing to 2017 or 13.2% due to the increase of

% comparing to the same period last year due to the growth of automobile’s and motorcycle’s production. 2. Increase in raw material costs around 30.68 million baht or 4.05% comparing to the same period last

production capacity of Phase 1 and 2 was expanded, which led to solid revenue growth and profitability. We experienced a number of challenging factors that occurred at the same time, such as production of new

the same period of last year, while sales volume decrease, due to higher raw material cost. Selling expenses increased 57.89 percent from the same period of last year, due to higher transportation cost

the previous year due to decreased raw material prices and rapid Thai Bath appreciation. 2. Sales cost to revenue ratio decreased by 1.66% (from 95.81% to 94.15%) because the cost of raw materials has

the plants in Quarter 1/2018. 2. Sales cost to revenue ratio increased by 6.72% (from 89.71% to 96.43%). The main factors were that the price of raw material has been increased during Quarter 1/2018

same period of the previous year. This decrease stemmed from a decrease in raw material prices and reversal of losses on inventories devaluation. Gross Profit Margin Gross profit margin is equal to 37.45