investment amounted to THB 3,890 million; with total liabilities of THB 3,528 million; and total equities of THB 9,265 million. In this regard, the company remains strong in a financial position with low debt
level of 1.25 percent while projecting the Thai economy would expand at a lower rate than previously forecast and further below its potential due to declining exports which have affected domestic demand
Company can manage service and administrative expenses efficiently Profit 1) Gross profit in 2Q19 was Bt163.64mn, decreasing 11.4% when compare to Bt184.59mn in 2Q18, mainly from declining in core revenue
decreased by 9.9% along with declining in sales value • Shutdown expense increased by 144.3% from furnace maintenance and inventory management. Details were given below: − Temporarily shutdown for maintenance
decreased by 57.9% from obsolete and long aged finished goods Six-Month Period • Total cost of goods sold decreased by 12.6% along with declining in sales value • Selling expenses decreased by 14.5% due to
continuously affected by the appreciation of the THB against both the USD and Euro, which resulted in THB sales declining by 4% of total sales (Table 1, Y-o-Y effect of change in FX rates on sales was Bt565
strengthening of the Thai baht against the US dollar and Euro in the period, which resulted in THB sales declining by Bt215 million (Table 1). Cost of Sales and Gross Profit The gross profit margin in 3Q19 of
Income and Other Income Rental and Service income for the first quarter in 2018 was 163.7 million Baht less than the first quarter of 2017 at 8.1%. A declining in rental and service income was because the
increase its working capital overall. However, the percentage of financial costs over total sale and service income this year was 6. 5% , declining from 7. 2% of the previous year. However, the Company gave
resulted in THB sales declining by 3% of total sales or roughly Bt446 million in 2017. Cost of Sales and Gross Profit In 2017, the cost of sales was an average 70% of sales, an increase from 65% in 2016