last year and also in fixed costs related to production maintenance cost increased due to the earlier than expected improvement projects on the kilns. However, maintenance has normalized and the average

from the rising in global steel price which was the raw materials of the Company’s products. However, the Company has procedures in managing cost by efficiently planning flat production, continue

production. Moreover, our main customer also lowered their production plan for the Combined Harvester which inline to a decline in sales of our screw flight and also lessen production of tractor in small model

Gross Profit Margin (%) 69.78 69.35 Note: /1 Other costs of goods sold mainly comprise warehouse rentals, utility charges and other expenses related to production. Gross Profit Gross profit for the period

competitive landscape remains challenging. We saw particular weakness in the steel sector as uncertainty led to reduced production and after a record sugar season in 2018 this sector has been behind our

of 2017 9.65 million or increase 137.86% Revenue from Refining services are divided into 2 groups of customer base; - Refining Service for semi-product for use in biodiesel production. In 1st quarter

make the Company Able to manage the water supply system easily and has the flexibility to expand production capacity in the future. Considering the current high demand for water in the project site can

labor cost and raw materials since the 2nd quarter of this year. Even though this resulted in the Company had the production cost and the cost of goods sold increased, but this policy would finally help

profit margin in the corresponding period last year. The increase in gross profit was mainly due to improving margins for the branded products by the Company’s production, under the operation of Carabao

programmed co-production of Baht 0.21 million and other incomes of Baht 5.73 million. It decreased by Baht 7.03 million, compared with the same period of the year 2017. This was mainly due to the termination