due to the effect of the WLTP, which resulted in a low production utilization rate and led to a higher cost of goods and pressure on profit margin. The average profit margin in 2018 was 26%, which is
reduction in the setup cost as explained in the cost of sales section. Distribution costs and Administrative Expenses (SG&A) In 3Q19, the Company’s distribution costs and administrative expenses was THB
decrease in finance cost was due to the ability to maintain low financial cost as well as the Company’s policy is to manage liquidity risk and interest rates fluctuation risk by mainly locking in long-term
1,105.12 (62.14) (5.62) Cost of goods sold 566.50 624.93 (58.43) (9.35) Selling expenses and administrative expenses 465.90 447.41 18.49 4.13 Seling expenses 293.25 268.56 24.69 9.19 Administrative expenses
0.20 Interim Management Discussion and Analysis Analysis of Overall Performance The distribution business of the plastic resins, plastic, and petrochemical related products needs relatively high working
0.31 Interim Management Discussion and Analysis Analysis of Overall Performance The distribution business of the plastic resins, plastic, and petrochemical related products needs relatively high working
business depend on the inventory management, the logistic systems that meet the clients’ needs in time, cost of capital, receivables management and sales revenue. Due to this business has low gross profit
Management Discussion and Analysis Analysis of Overall Performance The distribution business of the plastic resins, plastic, and petrochemical related products needs relatively high working capital. The key
0.28 Interim Management Discussion and Analysis Analysis of Overall Performance The distribution business of the plastic resins, plastic, and petrochemical related products needs relatively high working
0.22 Interim Management Discussion and Analysis Analysis of Overall Performance The distribution business of the plastic resins, plastic, and petrochemical related products needs relatively high working