effect in 2017 that represented a reduction of about 2% on average and a fire incident on June 18 that caused a backlog of order valued more than USD 2 million by the quarter end. However, consignment

that took effect in 2017 that represented a reduction of about 2% on average. However, consignment sales were almost fully realized in the current period. The Q-o-Q decrease in revenue was primarily due

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addition, some shipments were not recognized as sales revenue in the second quarter in accordance with relevant incoterms, and partly due to consignment stock: consignment fill-up totaled Bt813 million

unrealized consignment sales (Table 3, unrealized revenue amounted to USD3 million, or Bt109 million in 2Q18). Cost of Sales and Gross Profit The profit margin in 2Q18 widened Q-o-Q to 27.84% but narrowed Y-o

11% Y-o-Y (Table 4), due partly to the WLTP issue, which resulted in lower orders from automotive suppliers, as most suppliers shifted their priority to stock management. In 1Q19, consignment stock

accuracy of goods on consignment and record of cost of goods sold. The SEC therefore determined a one year period where Chanunkorn?s application for approval as auditor in the capital market will not be

materials Table 2: Raw material prices and purchased volume The effect from copper was about 2.2 % on product sales price. Table 3: Consignment In 1Q 2018, consignment sales were totally realized. (Amount: in

select auditors and the delivery of insightful reporting by auditors when the enhanced auditor reporting standards take effect in 2017.Mr. Eugene Wong, a member of the AOB said ?The new auditor reporting

million). In addition, the decrease in Sales was due to product mix (Table 5) and an adverse effect of unrealized consignment sales (Table 3, unrealized revenue amounted to Bt115 million in 2018). Cost of