for milk and yogurt segment and also the production cost of painting segment was higher owing to production efficiency, quality cost during the early stage of new model mass production and modification

labor between the two (2) factories which are located at Laem Chabang and the new factory at Amata City. Such costs incurred during relocation of the production lines of sauces and condiments to the new

last year’s which, in turn, leads to an increase in Sales Revenue. 2. Sales cost to revenue ratio decreased by 2.57% (from 91.41% to 88.84%) because the company had a better control of production costs

Baht 9.87 million temporary shut-down expenses and Baht 2.37 million paid to retired and laid off employees in a part of Administrative expenses. In 2017, after moving the production equipment to

the resolution of approval the investment in Seven Wire Company Limited (“subsidiary”) for constructing plant used in the production and distribution of wire/PC strand and cold drawn wire with the total

guidelines for the Protective Measures Against the Spread of COVID-19 in many areas in the country caused to the postponement of film production and film right distribution which affected the revenue of the

EBITDA 50 41 Net Profit (Loss) (433) (311) H R C HRC Sales (k tons) 172,117 418,365 HRC Production Volume (k tons) 178,506 417,825 HRC Average Selling Price (THB./ton) 17,915 20,109 HRC Cash Margin (THB

net profit margin 2) higher depreciation resulted from additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, in order to prepare

production cost and selling expenses. (2) Analysis of Operating Results and Profitability (2.1) Revenues from Sales and Services Description Year 2017 Year 2016 Increase / (Decrease) Million Baht % of Total

costs incurred during relocation of the production lines of Seasoning and Dipping Sauce to the new factory. In addition, the new factory was in the early stage of production; therefore, the production was