. However, as a result of the Group's restructuring of printing business since Quarter 2/2020, the Group has an economy of scope, which helps to reduce production costs, increased overall gross profit margin

gross profit margins resulted primarily from the company's efficient production cost controls and last year the company had sold a large number of products at low price to reduce stock, while the

, or decrease of 1.6% from the same period of last year and decrease of 23.54% over the last quarter mainly due to the major breakdown of some machinery resulting in lower sales . 2. Cost of sales was

higher selling price and higher sale volume in CNF incoterm, while lower unit sold and appreciation of Thai baht against US dollar. . Cost of goods sold and expenses Three-month (Thousands Baht) Change

from the old production line to the new one; higher sales contribution of CMG business whose gross margin is lower than branded business; and higher excise tax as well as sugar tax following the Excise

was THB 453m which was 25% lower than Q1 2018 was THB 607m . Capital Expenditure Net Capital Expenditure was THB 180m in Q1 2019, and THB 266m in Q1 2018. Generally, capital expenditure for production

 IC divisions were 1% lower in Q219 with Ayutthaya sales decreasing 2% and Jiaxing IC sales increasing by 8%. The Microdisplay division sales increased 14% in Q219 compared to Q119.    Sales Revenue

and Analysis (MD&A) For Q2/2017 2 - HRC cash margin (excluding depreciation) in Q2-2017 was achieved at THB 1,033/ton, lower by 72% from last year quarter. - Sale volumes (Coil tons) and production

year 2019 increased 51.20 and 61.28 percent from the same period of last year. Main attribution is increasing in sales quantities from 2nd production line. The effect from Thai Baht appreciation and

18.90% increased, while sale revenue only increase by 11.06% results in less profit margin compare to the year 2017 at 24.25 million baht, due to the unstable of production cost of new production line