a market price at that time. Later, steel price dropped sharply causing GSTEL and GJS to realize high losses as production cost was high while the products were sold at lower market price. To avoid
and installation of the pipeline 239.05 248.60 (3.84) Income from water production and distribution 31.25 24.31 28.55 Income from installation and distribution of water production systems 3.40 25.03
quarter of year 2019 increased 47.95 and 54.11 percent from the same period of last year. Main attribution is increasing in sales quantities from 2 nd production line. The effect from Thai Baht appreciation
decreased 40% to THB 355m in Q1 2018 from THB 588m in Q1 2017. Net Profit decreased 32% to THB 553m in Q118 from THB 818m in Q117, due to lower operating profits due to the 10% strengthening in the THB/USD
the buyer and seller. In which the seller determines the selling price not lower than the book value or appraised value of an independent appraiser whichever is higher, plus Value Added Tax Total value
improvement was mostly a result of lower prices of raw materials this year and improvement of production reliability. Financial Ratios Q3 2019 Q3 2018 Gross profit margin 28.6% 20.2% Net profit margin 22.0
decreased 53% to THB 381m in Q3 2019 from THB 815m in Q3 2018. Net Profit decreased 55% to THB 407m in Q319 from THB 905m in Q318, due to lower operating profits in Q319 vs Q318. Quarter Quarter % THB '000
activities decreased from the same period of last year, because the Company had lower net profit with more inventory from the higher price of natural rubber, which is the main raw material cost for production
year as well because the Company had enough number of rubber stocks for production. Cash flow received from operating activities decreased from the same period of last year, because the Company had lower
the same period of the previous year by 3.83 million Baht and 12.38 million Baht respectively, due to the lower sales caused by the depreciation of Thai Baht and intense competitive situation in foreign