million or increase 232.3%, due to the company has improved its production efficiency and gain from sale of flexible packaging. 3. Selling expenses In year 2017, the selling expenses was Baht 9.96 million

134.3 million mostly from trade payables and short-term loans of Baht 224.6 million to support higher production. Meanwhile, long- term liabilities decreased by Baht 97 million for the repayment. As a

but will have a better net profit. 2 PET bottle Segment Revenue from sales of PET bottle was 13.9 MB decreased by 9.4 MB or 40.3% YoY due to the increase in raw material costs of plastic pellets

the same period last year due to the growth of automobile’s and motorcycle’s production, as well as the higher export amount. 2. Increase in raw material costs around 102.71 million baht or 20.18

million baht for year 2020, 2021, and 2022 respectively. In the year 2022, the Company's sales decreased because the main raw material which is sweet corn can be harvested late due to inclement weather. As

million or 30.49%, which main result from the company increased its flexible packaging production line, in Q3/2017 the revenue from flexible packaging was increase recognized and the sale on plastic sack

% compared to the previous year, due to a decrease from current liabilities amount of 218.76 million baht due to the decrease in raw material purchases in line Panjawattana Plastic PCL. 28 Moo 2, Tumbol

construction of the new Latkrabang factory was completed and production capacity of Phase 3 was partly expanded, which led to solid revenue growth and profitability. We still experienced a number of challenging

cost of sales increased by 2.57 million baht, representing a gross margin for the three months 38.54 % (2016: ratio 42.97 %). Cost increase as a result of increased raw material prices which makes the

cost of sales increased by 1.74 million baht, representing a gross margin for the three months 31.79% (2018: ratio 42.76 %). Cost decrease as a result of decreased raw material use 3.00 million baht. the