-evaluation leads to better raw material cost, packing cost and yield management. 4 Expenses Sales Expense Sales expenses amounts to 97.8 Million Baht, increased by 2.6 Million Baht or 2.7% compared to the
profit by increasing revenue from all products and sales channels, effective cost and expense management. As a result, the Company is able to make an operating profit since quarter 2 year 2019. The
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
of USD as the Company’s functional currency which in resulting of lowered cost evaluation caused from price variance during the period as compared to previous year. 3. Selling and Administrative
in product mix and the impact derived from adoption of USD as the Company’s functional currency which in resulting of lowered cost evaluation caused from price variance during the period as compared to
compensation remuneration type, and accrued expense of the latest year’s compensation; (2) To clearly disclose the use of proceeds in each determined topic and approximately specify the amount and period of
Exploration and Production Business recorded impairment losses of the exploration and evaluation expenditure from the cease Executive Summary 4 | Management Discussion and Analysis of Business Operation for the
which have not yet recovered. The high liability affected the expense atmosphere to be sluggish. Cost of goods sold was 641.29 million baht or equivalent to 50.31% gaining from sales revenue which it
on acquisition or disposition of assets year 2004 (including the additional amendment announcement) (“the announcement on acquisition or disposition”). And when making evaluation in accordance with all