101.48 million or 65.46%, which was in line with the sharp rising in revenues from sales in this period. Gross profit margin in year 2018 was 61.51%, going up by 59.98% year-on-year. The growth in year

88.71%. Major reason for sharp decrease in Company net income is due mainly to decrease in revenue from real estate business. In addition, the Company has heavily spent more in marketing and advertising

and services increased by 10.87% from last year due to the sharp increment of raw material prices during Quarter 2 to Quarter 3 especially in natural rubber, synthetic rubber and chemicals groups. The

- 2. Cost of sales and gross profit The Company’s cost of sales in Q3/2018 amounted to Baht 57.43 million, rising year-on-year by Baht 25.81 million or 81.63%, which was in line with the sharp increase

-months period ended 31 March 2020 and 2019 were THB (1.72) and 22.90 million respectively, a decrease of THB 24.62 million or 107.51%. Major reason for sharp decrease in Company net income is due mainly to

THB 10.66 million or 56.16%. Major reason for sharp decrease in Company net income is due mainly to the epidemic of Covid 19 which have a negative impact in revenue from real estate business. Therefore

30 September 2019 and 2018 were THB 19.00 and 186.33 million respectively, a decrease of THB 167.34 million or 89.80%. Major reason for sharp decrease in Company net income is due mainly to decrease in

expense grouping methodology, which are now grouped by department. Financing expenses decreased compared to the same period in 2016 mainly due to continuing debt repayment and a lower remaining principle

1.21 times respectively. Cash Flow Statement In 2017, the company has a net increase of cash and cash equivalents of 402.4 million baht. Details of cash flows in each activity can be grouped as follows

baht. Details of cash flows in each activity can be grouped as follows: 2016 2017 Cash flows from operation activities (1,485.2) (704.6) Cash flows from investment activities 1,648.6 153.3 Cash flows