HUAY PUBLIC COMPANY LIMITED CHO THAVEE PUBLIC COMPANY LIMITED CHONBURI CONCRETE PRODUCT PUBLIC COMPANY LIMITED CHOW STEEL INDUSTRIES PUBLIC COMPANY LIMITED CHRISTIANI & NIELSEN (THAI) PUBLIC COMPANY
profit margin for the year 2019 was mainly due to differences in product mix and the impact derived from adoption of USD as the Company’s functional currency which in resulting of lowered cost evaluation
well as sales mix management in each product category efficiently. However, the Company still strictly controlled on the selling and administrative expenses. For the twelve-month period ended December 31
to 4.74% in 2019. The increase of gross profit margin was mainly due to differences in product mix and the impact derived from adoption of USD as the Company’s functional currency which in resulting of
sales was 1,711.86 million Baht or at 95.29% of revenue from sales which increased from 93.65% of year 2017 due to higher energy costs and product mix. 3. Selling and administrative expenses increased
mainly due to the followings: (a) Lower contribution margin recorded resulted from unfavorable model mix; and (b) Higher tax expense recorded during the 3-months period ended 30 April 2019 by Baht 2.82