) Gross profit The Company and its subsidiaries’ total gross profit were Baht 6.27 million, which decreased from the same period of previous year by Baht 38.75 million or 86.08%, due to delay in work

(2) Gross Profit Year 2019, company and its subsidiaries has total gross profit of 77.86 Million Baht or 21.33 percent of revenue from sales and services which increased when compared to same period of

foreign exchange hedging at Baht 2.1 million. Other income reported at Baht 0.9 million from transportation, sales of scraps, and obsolete equipment. Gross profit margin slightly increased from 32.2% to

to the decreasing in the selling weight and the overall selling price as well. Eventually, there were the impacts to the lower gross profit in the current quarter as well. For nine months ended 31st

) (%) 20.78% 21.16% (0.38)% Return on Assets (ROA) (%) 13.74% 13.16% 0.58% Remark: * Calculated based on the number of issued and paid-up ordinary shares deducted by the number of treasury share GP = Gross

& ANALYSIS CONSOLIDATED P&L SNAPSHOT THB (mn) 3Q 2016/17 2Q 2017/18 3Q 2017/18 QoQ (%) YoY (%) (Restated) Operating revenue 772 978 978 0.0% 26.8% Cost of sales 330 387 385 -0.5% 16.7% Gross profit 442 591 593

percent, due to the fact that every distribution channel has expanded significantly, as well as effective cost management has resulted in maintaining gross profit margin at a good level. (2) Analysis of

increase. Consolidated gross loss amounting to Baht 68 million comparing with previous quarter which has gross profit Baht 527 million. However, gross loss decrease by Baht 325 million comparing with same

) 4Q 2016/17 4Q 2017/18 YoY (%) 2016/17 2017/18 YoY (%) (Restated) (Restated) Operating revenue 864 1,128 30.6% 3,051 3,936 29.0% Cost of sales 357 406 13.8% 1,269 1,535 21.0% Gross profit 507 722 42.5

previous year have ended and the competition has intensified in the stainless pipe product. As a result, sales and gross margin declined in the current quarter. While administrative expenses have increased