decreased by Baht 9 million or 8% compared to the gross profit of Baht 107 million for Q1’ 2017. The decrease is in line with the lower revenue from Q1’ 2018 Q1’ 2017 Increase (decrease) Million Baht

decreased by 25%. 2. Costs and expenses for the year 2017 increased by 31% compared to the same period of 2016. The main reasons were:  Cost of goods sold and services decreased 15% in line with the

business overseas. VGM has recently expanded its footprint into Indonesia, securing a 20-year concession to manage Transit media in North-South line – the first mass transit system in Jakarta.  In the end

production line of flexible packaging and the machine setup process is not complete and new employee lack of expert skill and the use of raw material is inefficient, cause a high production cost. 3. Selling

PET recycling Facility is strategically in line with the Company’s commitment to long-term sustainability and also meeting the circular economy objectives of packaging and consumer product manufacturers

amount of Baht 11.10 million, mainly due to the decrease of fair value of investment in equity securities which is in line with the decline of the SET index. 4. Income tax expense in this quarter decrease

year because the Company has adopted the TFRS16 Leases for fiscal years beginning on or after 1 January 2020. 6. The income tax expenses increased amount of Baht 1 million as in the same line as net

% Company total revenue on 1st quarter of year 2020 increased 11.11 percent from the same period of last year. Main attributions are increasing in sale quantities from 2nd production line that reach normal

and decreases at the same rate as the change in revenue. In terms of the profit of the Company for Q1–2021 changed in line with the change in revenue, when compare to Q4–2020 and Q1–2020. Compare to the

equity securities, which was in line with the reduction of SET index resulted from the impact of 2019 Corona virus outbreak (COVID-19). Investment income and other income for six months presented a loss of