measures to tame the volatility. At the same time, Thai stock markets plunged throughout the quarter amid investors’ risk-off sentiment and a slump in oil prices due to disagreement on oil production between

Analysis | 2 Executive Summary In 1Q2018, Domestic palm oil production has increased as well as in other countries after the drought occurred in FY2016, consequence to lower Crude Palm Oil(CPO) prices and

2018 gross profit margin was mainly driven by the adoption of economies of scale and efficient control of production cost. 2. Selling expenses In year 2018, the Company incurred selling expenses of Baht

percent (35.0 percent in the year 2017). The gross margin was higher as the company could be controlled the volatility of raw material prices. In addition, the production and sales in this quarter decreased

company had lower cost of goods sold from its zinc production in 2017 compared to higher cost of goods sold from imported zinc in 2018.  Selling and Administrative expenses decreased by 24% to 400.45 MB in

material and production cost management. - QSR business recorded its GPM of Baht 77.0 million of which 11.3% decreased from Year 2017 or in Baht 9.8 million due to closing unperformed branches. - Swine farm

2019, will start commercial production in Q4’19. This factory has been equipped with the state-of-the-art technology which better efficiency and cost reduction can be done through flexibility in raw

Million due to efficiency improvement in raw material and production cost management. - QSR business recorded its GPM of Baht 79.0 Million that 2.6% increased from 2018 or by Baht 2.0 Million. - Swine farm

of Baht 1,607.51 million or 82.20 percent. Cost of sales and services decreased due to the appreciation of the exchange rate and increasing production efficiency for both the leather and energy

there are sold waste form production. 1.3 In Q2-2017, The Selling expenses increase amount of 11 Million Baht from the same period equivalent 16%. As The company expand international market. and