the same period of the previous quarter. Due to the decrease in exchange rate profits. - Selling expenses decreased by 18.99% from the same period of the previous quarter. Since in the first quarter of
, representing the rate of decrease of 29.37 percent, mainly due to a decrease in cost of sales from 78.89 million baht in the first quarter of 2019 to 59.51 million baht in the first quarter of 2020, representing
services decreased equivalent to 60.06 million Baht, a decrease of 10.61 million Baht from the same quarter of 2019 with cost of sales of 70.67 million Baht, representing a decrease rate of 15.01 percent. As
interest rate and the profit from fair value measurement of other current financial assets which is short-term investment amount to Baht 0.08 million including of the profit from the sale of assets for the
the exchange rate of 0.28 million Baht and the disposal of assets of 0.26 million Baht. - Selling expenses decreased by 25.62% from the same period of the previous quarter due to a decrease of
, respectively. As a result, the COVID-19 outbreak directly affects the import of raw materials of the Company for sale, resulting in a decrease in sales. The Bank of Thailand estimates that the growth rate for
affordable price. The Company has established the three-year strategic plan during 2022-2024 for the organization to achieve sustainable income growth rate and profitability as well as income and profit growth
. The decrease of financial cost was mainly in related to support the Company’s and its subsidiaries’ operation as well as impact by the averaged lowered interest rate as compared to previous year. 5. Net
margin is equal to 33.74%, which decreased from 40.17% as compared to the same quarter of 2019. This is because the customers’ purchase order had declined, and as a result, the overall utilization rate was
million baht. The current ratio as at March 31, 2020 is 0.68 times. While at December 31, 2019, the rate was 0.67 times. Non-current assets of land Property and equipment as at March 31, 2020 were Baht