baht against the US dollar and Euro in the period, which resulted in THB sales declining by Bt46 million (Table 1) Cost of Sales and Gross Profit The gross profit margin in 2Q19 of 19.0% declined Q-o-Q
decreased from 10,164.5 million baht to 9,812.5 million baht, lower from the first six-month of 2018 by 3.5 percent. The declining scheduled passenger revenue was resulted from highly intense competition and
declining in revenue and gross profit and the increasing in administrative expenses. Financial Position As at 30 September 2018, the Group reported total assets at THB 936.6 million, decreased by THB 9.9
strengthening of the Thai baht against the US dollar and Euro in the period, which resulted in THB sales declining by Bt215 million (Table 1). Cost of Sales and Gross Profit The gross profit margin in 3Q19 of
been affected in accordance with the economies of major trading partners and the declining global trade volumes. This has begun to have further effects across all sectors, especially to domestic demand
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