itself and its overseas subsidiaries as well as marketing and managing expense to support existing customers. 4. Financial Cost For the year 2019, the company had financial cost of USD 29.27 million (or

increase in sales volume of sauces and condiments. Revenue from sale of goods 268.16 302.22 12.70% Cost of sale of goods (172.39) (180.81) 4.88% Gross profit 95.77 121.41 26.77% Selling expenses (16.52

lowered cost evaluation caused from price variance during the period as compared to previous year. 3. Selling and Administrative Expenses For the first quarter ended 31 March 2019, the Company’s SG&A

, due to additional administrative expense from expanding in MDF second line production. Financial cost of six-months and 2nd quarter on year 2018 decreased 98.89 and 98.60 percent from the same period

35.94%. The Company has determined the cost of by-products according to the market selling prices since 2nd quarter of 2019 to March, 2020 the market selling price was decreased to lower than cost of by

27.2% in Q1’2018 because of 1) slight increasing of selling price per unit to from a slow adjustment of Ft charge but an 18.7% increase in gas cost and 2) y-on-y higher scheduled maintenance. However

Oil price; Crude Palm Oil stock remains high. Management Discussion and Analysis of Business Operation for 1Q/2018 Bangchak Corporation Plc. I 16 3. Gross profit adjusted upward from raw material cost

handset campaign and the newly launched iPhone 11. Cost & Expense In 2019, Cost of service was Bt81,487mn, increasing 6.2% YoY, due to network expansion.  Regulatory fee was Bt5,792mn, increased 1.2% YoY

or 245.2% compared to the previous year as revenue recognition began in the 4th quarter of 2018. Costs Cost of Goods and Services Costs of goods and services amounts to 500.1 Million Baht, decreased by

173,892 91.30 Income from Sevice 60,291 107,527 (47,236) (43.93) Cost of Sale of Goods (244,903) (151,506) 93,397 (61.65) Cost of Service (34,589) (59,328) (24,739) 41.70 Gross Profit 145,153 87,155 57,998