office, distribution and training center began to book such expense since June 2017. Financial Cost Financial costs for the first quarter of 2018 and 2017 were THB 0.07 million and THB 0.50 million with
has cost competitiveness and will enhance the Company’s production base for emerging markets in Southeast Asia, while LQSF’s wide-coverage distribution that reaches almost all regions of Vietnam will
which the Company had invested since January 2017. Cost of Sales and Gross Profit Unit : THB mm Unless otherwise stated For the year ended 31 December 2017 2016 Total sales 723.96 606.38 Cost of sales
’ environment. CPN successfully maintain an effective capital structure and flexible financing cost structure, as well as prepare adequate funding to support the investment plan and lower the financing cost at
in 1Q18. Partly, THB 1.5mn increased in the distribution cost was from the adoption of new accounting policy as explained in the changes in accounting policy and reclassification section above. The THB
4,508 million, an increase of THB 754 million or 20.1% driven by higher sales of the energy drinks especially for export markets and greater sales growth from distribution of 3rd party’s products. Note: 1
distribution expenses (84) (68) (19%) (329) (251) (24%) Administrative expenses (38) (39) 3% (162) (148) (9%) Finance Income 0 0 n/a 3 1 (67%) Finance Cost 0 (3) n/a 0 (11) n/a Profit before income tax expenses
%) Other Income 1 1 0% Selling and distribution expenses (75) (76) 1% Administrative expenses (42) (43) 2% Finance Cost - (4) n.a. Profit before income tax expenses 72 15 (79%) Tax expenses (12) (2) (83
Company has a subsidiary, Aurum and Aurum Company Limited (together with the Company, the “Group”) which engages in distribution of bakery products and equipment. Analysis of Financial Performance Revenues
due to effective in cost management and currency appreciation than the previous year resulting in lower product costs. In the year 2019, the exchange rate was between 30.33 – 32.53 Baht per 1 US dollar