support project in the first quarter of 2019 is more difficult and varied than the previous year which effected higher cost than the first quarter of 2018 6. Cost of goods sold (E-Commerce) Cost of goods

was more difficult and varied than the previous year which effected higher cost. Therefore, the proportion of cost decreasing is less than the proportion of revenue decreasing. 6. Cost of goods sold

Cost and Expenses Unit: Million Baht Q1/19 Q4/19 Q1/20 Consolidated Statement Revenue 194.29 222.62 167.85 Cost of goods sold 163.05 174.92 137.64 83.92% 78.57% 82.00% Selling Expenses 11.26 13.57 9.13

process with little finished goods pending for customer delivery. The group companies normally write-off out-of-date inventory, and make provision for aged inventory and depletion in the value of fixed

continued to grow with driving force of the export of goods grew better and more thorough. And the tourism sector continues to expand. Meanwhile, the government investment slowed down somewhat after

3.7% in the second quarter higher than 3.3% in the previous quarter. This was mainly from the acceleration of exports, goods, and services in line with the pick up of the trading partner economy and the

continued to grow with driving force of the export of goods grew better and the tourism sector continues to expand. Including the private consumption and private investment has expanded. Also, the

' order, consequently, the majority of inventory are raw materials, expendable tools and work in process with little finished goods pending for customer delivery. The group companies normally write-off out

increase in sales volume by 12% Q-o-Q and 8% Y-o-Y (Table 5), particularly of special grade products, and a ramping up of production from sales contracts won in previous years. Nevertheless, sales revenue

the government measures to restrict the spread of the virus impacts. While demand for products made from steel will drop particularly in the consumer segments such as white goods any stimulus will mean