due to the higher average sales volume of metal products, but the average selling price has decreased in line with the global price of raw materials compared to the same period of the previous year. The

51.41 % and 46.21 %, respectively and in line with the decrease of the service income as mentioned above. Administrative Expenses The administrative expenses was Baht 13.12 million whereas Baht 10.92

competition in the market became less intense because of higher demand and sales volume of agrochemicals. Cost of sales increased at a lower rate of increase than that of the sales volume resulting in the

affected the agricultural sectors which is the main customer of the company. Anyhow, the company still have higher revenue from the sale of Flexible packaging (new production line) compared with the same

139 million or 25.89% up from 2Q2016. The consolidated gross profit margin contributed of 16.32% in 2Q2017, increased from 13.83% in 2Q2016 predominantly from cost advantage from lower major feed

revenue from export and indirect export. Quite the reverse, revenue from feed segment dropped by THB 217.50 million or 19.49% down from 3Q2016 mostly from lower revenue from animal feed and aqua feed. The

81.96% in line with the sharp increase in revenues from sales in this period. Gross profit margin was 63.63%, higher than that of 55.63% a year earlier, as a result of the significant increase in sales

183.06 million which increased by Baht 27.21 million or 17.46% from the same period of the previous year. Such changes were in line with an increase in sales volume. During 9M18, the Company’s cost of

invested in system to improve production efficiency but the amount of investment was still minimal. Tourism continuously expanded in all region, in line with increases of Thai and foreign tourists even

whereas Baht 90.94 million in the same quarter of 2019 or equivalent to - 61.51 % and – 177.93 % net profit margin of 2020 and 2019, respectively. The loss in 2020 was lower than 2019 since last year, there