important step of GPSC in becoming future system integrator. Directions of power industry and GPSC in 2018 Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q4/2017 and FY2017 5
developed companies as well as initiatives related to utilities and energy sector. Significant events in Q2/2018 5 Q3/2018 Market environment and Directions In Q2/2018, Thailand’s economic was forecasted that
College of Management, Mahidol University, from Minister of Science and Technology. Significant Events in Q3/2018 4 Q4/2018 Outlook and Business Directions As of Q3/2018, Thailand’s GDP was at 4.6% for 2018
. TorChor. 20/2551 Re: Rules on Entering into Material Transactions deemed as Acquisition of Disposal of Assets dated 31 August 2008 (as amended) and the Notification of the Stock Exchange of Thailand Re
, including transfer of related brand names from the selling shareholder(s). According to the Notification of the Capital Market Supervisory Board No. TorChor. 20/2551 Re: Rules on Entering into Material
Supervisory Board No. TorChor. 20/2551 Re: Rules on Entering into Material Transactions deemed as Acquisition of Disposal of Assets dated 31 August 2008 (as amended) and the Notification of the Stock Exchange
considered an Acquisition of Assets according to the Notification of the Capital Market Supervisory Board No. Tor. Jor. 20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition or
gross profit margin 4.97% of sales, decreased from the year 2017 which had gross profit 55.84 million Baht and gross profit margin 7.38% of sales, due to price of raw material increased. Net Profit (Loss
the Year Ended 31 December (YoY) Cost of sales Consolidated financial statements Change Increase/(Decrease) For Year Ended 31 December 2017 2018 THB mm % THB mm % THB mm % Raw material and packaging
) 36.9669 €10.20 (10.6) (37.77) CNY 4.2104 ¥11.34 4.2692 ¥7.86 (1.4) (0.67) 4.6507 ¥10.09 (9.5) (4.99) Total effect (37.78) (223.48) 2) A change of main raw materials price Table 2: Raw material prices and