the previous year. Gross Margin The company has a gross profit of 384.5 million baht in the 2nd Quarter of 2017, 31.7% from the sales revenue. However, the gross profit has decrease 3.5 percent

13.58% from the same period in 2018. The decrease in revenue resulted mainly from the decline of revenues from the manufacturing and selling of Special Cutting Tools segment, which include sales from the

) million or (2%) from Baht 383 million in Q2/2019 to Baht 374 million in Q2/2020. The main decrease was derived from the engineering service. • Overall gross profit margin increased from 9.1% to 15.0% or

44.19 million or 99.93%, which was in line with the sharp increase in revenues from sales in this period. Gross profit margin in Q2/2018 was 62.21%, a slight decrease by 0.61% year-on-year. The decline in

- on-year by Baht 1.21 million or 7.65%. It was mainly due to a decrease in donation to NSTDA by Baht 1.79 million upon the Company’s fulfillment of the charitable donation requirement of the investment

same period in 2019. The decrease in revenue resulted mainly from the decline of revenues from the manufacturing and selling of Special Cutting Tools segment, which include sales from the Company, the

million, which decreased from the year by 121.41 million or 78.10%, due to a decrease in sales and unit price but cost of sales and service was increased. (5) Selling expenses The Company and its

%. This is mainly because of the decrease in sales of 35% leading to the decrease in cost of sales and services. However, the Company could maintain the proportion of cost od sales and services to revenue

equipment dropped by 38.46% QoQ due to decrease in demand on products. • Other revenues comprise of revenue from sale of scrap and zinc and machinery rental. Cost of Goods Sold • Cost to revenue from

while the same period last year the Company recorded sales income, in an amount of 31,724 million baht, decrease of 1,210 million baht or decrease by 3.81%. 2. In the year 2018, the Company recorded gross