decrease rate of 10.16 percent. The revenue decrease was caused by the high competition in the battery industry resulting in the deceleration in domestic sales. Moreover, lead which is the main raw material

global steel industry participants in all the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business

2019 for crude glycerine used as raw material in production of refined glycerine. Besides, part of the loss was also caused by loss on impairment of investment in subsidiary (AIL) of 20.75 million Baht

material’s market price as discussed above. 1.3 In the 3rd quarter of 2019, the Raw material and By-products’ ratio of cost of sales to total revenue was decreased from in the 3rd quarter of 2018 to 136.51% or

to use the fund as working capital in business operation, and purchasing imported raw material. However, the Company had received the financial support from Link Capital I for the amount not exceeding

especially in raw material procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material (CPO) and product (Biodiesel) were stocked between 20-30 days in 2020. Also

a result of the relaxation of COVID-19 control measures. In addition, the Company achieved higher sales of raw material to Mikka Café franchise. R E V E N U E : • The Company’s gross profit in Q1/2022

gross profit margin 4.97% of sales, decreased from the year 2017 which had gross profit 55.84 million Baht and gross profit margin 7.38% of sales, due to price of raw material increased. Net Profit (Loss

steel industry participants in all the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business

dine-in areas resulting in higher proportion of take-home products and orders via food delivery services, which have lower margins than dine-in products, as well as the sales of raw material to Mikka